Which One of the Following Conditions Is NOT Required for a Draft

question 30

Multiple Choice

Which one of the following conditions is NOT required for a draft to be negotiable under the U.S. Uniform Commercial Code?

• A) to be in writing
• B) signed by the drawer
• C) an open amount of money
• D) an unconditional order to pay

---

Definitions:

Fingerprints

Unique patterns formed by ridges on the tips of fingers, used for personal identification.

Court Case

A legal dispute brought before a court of law where a plaintiff seeks a legal remedy, and the outcome is decided by a judge or jury.

Lipids

A broad group of naturally occurring molecules that include fats, waxes, sterols, fat-soluble vitamins, and others, characterized by their solubility in nonpolar solvents.

Oils

Organic compounds that are liquid at room temperature, often used for cooking, lubrication, and as biofuel.