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36. A negotiable instrument: A - Is designed to function as cash B - Is necessary for a modern economy C - Can be acquired

36. A negotiable instrument: A - Is designed to function as cash B - Is necessary for a modern economy C - Can be acquired without consideration D - A and B 37. Which of the following are not requirements for negotiability? A - An unconditional promise or order to pay a fixed amount of money B - Signed by the maker C - Notarized D - Payable on demand or at a definite time 38. Which of the following are negotiable instruments? A - A ticket to a sporting event B - A check C - An unsigned Promissory Note D - A blank check

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