Bagels n' Coffee Café issues an instrument in favor of Eatery Supplies,Inc.For the instrument to be negotiable,it must
A)be a conditional promise or order to pay.
B)be payable on demand or at a specific time.
C)be signed by the payee.
D)recite the consideration given in exchange for it.

Question

Quizplus · Accepted Answer

For an instrument to be negotiable, it must be payable on demand or at a specific time. The other options do not apply universally to negotiable instruments.

Bagels N' Coffee Café Issues an Instrument in Favor of Eatery