Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In order to be valid and enforceable, a Negotiable Instrument (UCC Article Three) must: highlight one a Be signed by the payee b Contain a

In order to be valid and enforceable, a Negotiable Instrument (UCC Article Three) must: highlight one 

a Be signed by the payee

b Contain a promise to pay, which may be conditional

c.  Include a sum certain

d. Be written on paper or electronically

Step by Step Solution

There are 3 Steps involved in it

Step: 1

The detailed answer for the above question is provided below The correct answer is c Include a sum ... blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Smith and Roberson Business Law

Authors: Richard A. Mann, Barry S. Roberts

15th Edition

1285141903, 1285141903, 9781285141909, 978-0538473637

More Books

Students also viewed these Law questions

Question

Describe several strategies for relieving stress.

Answered: 1 week ago