Under Revised Article 3,a Check Which Meets All the Requirements

question 58

True/False

Under Revised Article 3,a check which meets all the requirements of being a negotiable instrument except that it is not payable to bearer or order is nevertheless a negotiable instrument.

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Definitions:

Trade

The action of buying and selling goods and services between entities or countries.

Westward

Referring to the direction or movement towards the west, often associated with the expansion of American settlements.

Cheap Land

Land that is available for purchase at a relatively low cost, often enticing settlers and investors to new areas or the frontiers.

Appalachian Mountains

A mountain range in the eastern United States, running from Canada to Alabama, known for its biodiversity and the cultural heritage of its inhabitants.