Examlex
Which of the following is the correct sequence?
Substitute For Money
An alternative to traditional currency that is accepted as a medium of exchange, such as cryptocurrencies, barter items, or digital payment systems.
England
A country that is part of the United Kingdom, known for its rich history, cultural heritage, and as the birthplace of the English language.
Negotiable Instrument
This is a written promise to pay a specified amount of money, which can be demanded at any time or at a specified future date, with the payer's name clearly stated on it.
UCC 3-103(a)(9)
Defines "instrument" within the context of the Uniform Commercial Code, focusing on negotiable instruments, including checks, drafts, and notes, detailing their formal requirements and effects.
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