Explain the requirement for a fixed amount in negotiable instruments?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q60: What is a trade acceptance?
Q61: A promise or an order becomes conditional
Q62: An order instrument is payable to anyone
Q63: A clause in an instrument that allows
Q64: A conditional promise is not a negotiable
Q66: A(n) _ is a clause in an
Q67: To be negotiable, a draft or check
Q68: Instruments that are payable upon an uncertain
Q69: A maker or drawer can appoint an
Q70: A prepayment clause allows the payee or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents