Which of the Following Is NOT a Requirement for a Draft

question 45

Multiple Choice

Which of the following is NOT a requirement for a draft to become a negotiable instrument?

• A) It must be payable to order or to bearer.
• B) It must be payable on demand or at a fixed or determinable future date.
• C) It must be in writing and signed by the maker or drawer.
• D) All of the above.

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Definitions:

Shoe Racks

Furniture pieces designed to organize and store shoes, often used to keep entryways and closets tidy.

Goods And Services

Goods are tangible items that satisfy human wants and needs, while services are intangible activities or benefits that one party can offer to another.