Will signs a check payable to "cash" and gives it to Yves.This check is
A)negotiable.
B)nonnegotiable,because it does not indicate a specific payee.
C)nonnegotiable,because it is not signed by the payee.
D)nonnegotiable,because "Yves" is not "cash."

Question

Quizplus · Accepted Answer

A check payable to "cash" is considered negotiable because it can be cashed by anyone who presents it for payment at the bank.

Will Signs a Check Payable to "Cash" and Gives It