Which of the Following Would NOT Be Negotiable? Explain

question 26

Essay

Which of the following would NOT be negotiable? Explain.
a. A check with the name of the payee omitted.
b. A draft for 3,000 bushels of corn.
c. A check written in pencil on a paper towel.
d. A note stating that it is secured by a mortgage on a specified parcel of land.
e. A note stating "IOU fifty dollars."

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Definitions:

Non-Hispanic Whites

A term used in the United States Census Bureau to refer to White Americans who are not of Hispanic or Latino ancestry.

Poverty Rate

The proportion of a population living below the national poverty line, indicating the extent of poverty in a country.

Children

Young human beings below the age of puberty or below the legal age of majority.

Liberal View

An ideological perspective that emphasizes the protection of individual freedoms, equality, and the support for social welfare policies.