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3 years ago

A negotiable instrument can function as a substitute for cash.

Business

1 answer:

andreyandreev [35.5K]3 years ago

5 0

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)

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3 years ago

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3 years ago

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<h2>Question:</h2>

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<h2>Answer:</h2>

<u>C</u><u>.</u><u> </u><u>Matrix</u><u> </u><u>Organization</u><u> </u>
<u>A</u><u>.</u><u> </u><u>Divisional</u><u> </u><u>Organization</u><u> </u>

<h2>Explanation:</h2>

That's my opinion and I hope it helps ^_^

<h2><u>#CARRYONLEARNING</u><u> </u></h2><h2><u>#STUDYWELL</u><u> </u></h2>

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