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Author Question: An instrument is negotiable if it satisfies six standards. Which of the following is a standard of ... (Read 60 times)

elizabeth18

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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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Answer to Question 1

D

Answer to Question 2

TRUE




elizabeth18

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it


emsimon14

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Reply 3 on: Yesterday
Excellent

 

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