UCC Negociable Instruments Flashcards
1
Q
A negotiable instrument is any instrument that may be negotiated or _
A
Sold for value
2
Q
A _ is a negotiable instrument
A
Promissory note
3
Q
A promissory note is where someone promises to
A
Pay someone a fixed amount of money
4
Q
Another negotiable instrument is a _
A
Check out
