Question
QUESTION 27 A defense in a product liability claim may be preemption. True False QUESTION 28 A check may be a demand instrument or a
QUESTION 27
A defense in a product liability claim may be preemption.
True
False
QUESTION 28
A check may be a demand instrument or a time instrument.
True
False
QUESTION 29
The drawee is the party ordered to pay.
True
False
QUESTION 30
A check may be a bearer instrument or an order instrument.
True
False
QUESTION 31
A certificate of deposit is an order to pay.
True
False
QUESTION 32
A conditional indorsement will have no effect on the negotiability of an instrument.
True
False
QUESTION 33
All negotiable instruments must be payable on demand or at a particular time.
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