Which of the Following Is Correct with Respect to Negotiability

question 10

Multiple Choice

Which of the following is correct with respect to negotiability?

• A) The writing requirement means that a check must be written on paper.
• B) An order or promise to pay only out of a particular fund is permissible under Revised Article 3.
• C) Money must be in U.S.dollars.
• D) A negotiable instrument must be payable at a definite time.

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Definitions:

Correct Answers

The solutions or responses that accurately address questions or problems according to specified criteria or factual information.

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Reasonable Plans

Reasonable Plans are well-thought-out, achievable strategies or actions devised to attain a specific goal or resolve a problem, taking into account practical limitations and resources.