If an Instrument States No Time for Payment, the Note

question 30

True/False

If an instrument states no time for payment, the note is payable on demand.

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Definitions:

Music Videos

Short films that integrate a song with imagery, produced for promotional or artistic purposes.

Service Mark

A mark used in the sale or the advertising of services, such as to distinguish the services of one person from the services of others. Titles, character names, and other distinctive features of radio and television programs may be registered as service marks.

Trade Name

A commercial name under which a company conducts business, recognized as a form of trademark used to identify the business to the public.

Trade Secret

Confidential business information that provides a competitive edge, such as formulas, practices, designs, or processes, protected from public disclosure.