Question
Match each term. 1. IOU (a) Varying exchange rates have no impact 2. Particular fund concept b) A statement of transaction out of which the
Match each term.
1. IOU (a) Varying exchange rates have no impact
2. Particular fund concept b) A statement of transaction out of which the instrument arose may not destroy negotiability
3. Sum certain in money (c) requires good faith in its execution
4. Restrictive endorsement (d) Without recourse
5. Negotiability unaffected e)Not a promise
6. Acceleration clause f)Does not destroy negotiability if the government unit is the maker or drawer
7. Extension clause g)may or may not destroy negotiability
8. Blank endorsement h)For deposit only
9. qualified endorsement i) Pay to John Jones. /s/Paul Pringle
10. Special endorsement j) A signature
I wrote down
1)e 2)f 3)b* 4)h 5) 6)c* 7)g* 8)j 9)d 10) i
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