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I am tired of making up questions for this darn exam. Just mark this one TRUE and you'll get credit for it. Now can I
I am tired of making up questions for this darn exam. Just mark this one TRUE and you'll get credit for it. Now can I please go back to my drinking? True False QUESTION 23 1 points Save Answer True or False: The following item, by itself, would violate a negotiability test: The instrument calls for payment "on 2/8/2020, or a reasonable time later, at the option of the holder." O True False QUESTION 24 1 points Save Answer Ron issues a draft telling Bob to pay $1,000 to the order of Pete on July 10, 2020. If Pete wants to have the draft "accepted" on May 28, 2020, what should he do on that date? a. Ask Ron to sign it on the back. b. Ask Bob to sign it on the back. O c. Ask Bob to sign it on the front. O d. Ask Bob to write "without recourse" anywhere on the instrument. e. Ask Bob to pay him the money on that date. QUESTION 25 1 points Save Answer True or False: An instrument that is made out payable "to the order of Tom" becomes "bearer paper" if he endorses it by just signing his name on the back and writing nothing else. True False
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