ERAU MGMT 390 FINAL EXAM 2016
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Question 1 4 pts A conditional promise to pay is not a negotiable instrument. True False Question 2 4 pts An instrument payable "with interest" must specify a particular rate to be negotiable. True False Question 3 4 pts On May 1, Dooley signs a check that is payable to the order of Extra Credit Corporation and that is dated July 1. This check is negotiable. nonnegotiable, because it is payable to Extra Credit Corporation. nonnegotiable, because it is postdated. nonnego...
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Question 1 4 pts A conditional promise to pay is not a negotiable instrument. True False Question 2 4 pts An instrument payable "with interest" must specify a particular rate to be negotiable. True False Question 3 4 pts On May 1, Dooley signs a check that is payable to the order of Extra Credit Corporation and that is dated July 1. This check is negotiable. nonnegotiable, because it is payable to Extra Credit Corporation. nonnegotiable, because it is postdated. nonnego...