A Provision in a Promissory Note Payable One Year from Its

question 35

True/False

A provision in a promissory note payable one year from its date that the maker may extend the maturity date six months impairs the note's negotiability.

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Definitions:

Line

A straight one-dimensional figure having no thickness and extending infinitely in both directions, defined by two points in Euclidean geometry.

Point

A specific location in space defined by coordinates on a graph or plane, often represented as an ordered pair (x, y).

General Form

A standard way of writing something, in mathematics, typically referring to the standard form of an equation.

Points

Refers to specific positions or locations in a geometric space, each defined by coordinates.