Other

Question

To be negotiable, an Instrument

© can be for a fixed or flexible amount of money,

© must bear the signature of the drawee or acceptor

O can be oral or written.

O must be payable on demand or at a definite time.

Answer

Correct.

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To be negotiable, an instrument must meet certain requirements. These requirements include: 1. The instrument can be for a fixed or flexible amount of...