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Author Question: An instrument is negotiable if it satisfies six standards. Which of the following is a standard of ... (Read 34 times)

elizabeth18

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on: Jun 24, 2018
An instrument is negotiable if it satisfies six standards. Which of the following is a standard of negotiability?
 A)The instrument can be oral provided there is proof beyond a reasonable doubt.
 B)The instrument must be signed by the payee.
 C)The instrument must be conditional.
 D)The instrument must state a definite sum of money.

Question 2

Under an FOB contract, the seller delivery's the goods on board the ship decks and has no further transportation obligations.
  Indicate whether the statement is true or false


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lolol

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

D

Answer to Question 2

TRUE


elizabeth18

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review

ryansturges

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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