Which of the following is not a negotiable instrument?
A)Check
B)Draft
C)Note
D)Certificate of deposit
E)Letter of credit

Question

Quizplus · Accepted Answer

A)Negotiable instruments are unconditional written promises to pay the holder a
specific sum of money on demand or at a certain time.The most common negotiable instruments are checks,notes,drafts,and certificates of deposit.
B)Negotiable instruments are unconditional written promises to pay the holder a specific sum of money on demand or at a certain time.The most common negotiable instruments are checks,notes,drafts,and certificates of deposit.
C)Negotiable instruments are unconditional written promises to pay the holder a specific sum of money on demand or at a certain time.The most common negotiable instruments are checks,notes,drafts,and certificates of deposit.
D)Negotiable instruments are unconditional written promises to pay the holder a specific sum of money on demand or at a certain time.The most common negotiable instruments are checks,notes,drafts,and certificates of deposit.
E)Negotiable instruments are unconditional written promises to pay the holder a specific sum of money on demand or at a certain time.The most common negotiable instruments are checks,notes,drafts,and certificates of deposit.

Which of the Following Is Not a Negotiable Instrument