Asked by
jibika gurung
on Nov 23, 2024
Verified
Which of the following are not negotiable instruments?
A) Cheques.
B) Certified cheques.
C) A cheque made payable to "Mickey Mouse."
D) A promissory note.
E) A bill of sale.
Negotiable Instruments
Legal documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payee's name either mentioned or left blank.
Bill Of Sale
A legal document that serves as proof of transfer of ownership from the seller to the buyer.
- Acquire knowledge of the prerequisites for a document's classification as a negotiable instrument.
Verified Answer
VV
Learning Objectives
- Acquire knowledge of the prerequisites for a document's classification as a negotiable instrument.
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