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Author Question: If the choice of whether an instrument is payable in either cash or goods is left up to the holder, ... (Read 88 times)

storky111

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on: Jun 24, 2018
If the choice of whether an instrument is payable in either cash or goods is left up to the holder, the instrument is not negotiable.
  Indicate whether the statement is true or false

Question 2

A bailee's __________ gives the bailee the right to maintain possession of the bailed property until reasonable storage and/or repair charges are paid.
 A) reversionary interest
 B) lien
 C) remainder interest
 D) mortgage


paavo

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

B


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