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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."


Definitions:

Privacy

The state or condition of being free from being observed or disturbed by other people.

Cultural Group

A community of people who share common language, customs, values, traditions, beliefs, arts, and other cultural aspects.

Similarity

The degree to which two or more objects, ideas, or individuals share common characteristics or attributes.

Uniqueness

The quality of being the only one of its kind; distinctiveness or rarity among similar entities.

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