Builders Exchange, Inc, issues an instrument in favor of Custom Construction Company. For the instrument to be negotiable, it must
A) be a conditional promise or order to pay.?
B) be payable on demand or at a specific time
C) be signed by the payee.
D) recite the consideration given in exchange for it.
B
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The Truth-in-Lending Act applies to private individuals who loan money
a. True b. False Indicate whether the statement is true or false
In an employment agreement with Carl, Arnold promises to work for Carl for the rest of his life. This promise must be in writing or in proper electronic form to be enforceable
a. True b. False Indicate whether the statement is true or false
Identify the breakeven point in the graph given below
A) O B) B C) E D) D
The FTC test for unfairness does not include which of the following elements, as applied to business practice?
a. it causes substantial harm to consumers b. consumers cannot reasonably avoid the injury c. consumers cannot sue the business because the losses per person are too small d. the injury is harmful in its net effects e. all of the other choices are required elements