An order instrument is payable to anyone in physical possession of the instrument and presents it for payment when it is due.
Correct Answer:
Verified
Q57: Trade names or assumed names cannot be
Q58: A certificate of deposit is an order
Q59: The _ requirement of negotiable instruments says
Q60: What is a trade acceptance?
Q61: A promise or an order becomes conditional
Q63: A clause in an instrument that allows
Q64: A conditional promise is not a negotiable
Q65: Explain the requirement for a fixed amount
Q66: A(n) _ is a clause in an
Q67: To be negotiable, a draft or check
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