Cricket signs a check payable to the order of Discount Warehouse, Inc., that does not include a date. This check is
A) negotiable.
B) nonnegotiable, because it does not include a date.
C) nonnegotiable, because it is payable to a corporation.
D) nonnegotiable, because it is signed by the drawer.

Question

Quizplus · Accepted Answer

The check is negotiable, as it is payable to the order of Discount Warehouse, Inc. and is signed by Cricket. Although it does not include a date, this does not affect its negotiability.

Cricket Signs a Check Payable to the Order of Discount