A promissory note is negotiable even if it does not state that it is payable on demand or at a definite time.
Correct Answer:
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Q8: A time draft is payable at a
Q17: To be negotiable, an instrument must be
Q19: A notation on an instrument that it
Q20: Rubber stamp signatures can be legally binding
Q20: An undated instrument is not negotiable.
Q20: A conditional promise to pay is not
Q21: An order stating "I wish you would
Q23: An instrument that states simply "I.O.U." is
Q27: Stating on an instrument that it is
Q40: An instrument that promises to pay "in
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