微信扫一扫
实时资讯全掌握
| Curator contracted to sell Train’s painting. Train issued a $10,000 note to Curator that was payable within 10 days after Curator sold Train’s painting. Curator sold the painting on May 1. Train, alleging that the note was not a negotiable instrument, refused to pay the note. Under the Negotiable Instruments Article of the UCC, which of the following statements is correct regarding the status of the note? A. The note was not negotiable because it was subject to another writing. B. The note was not a negotiable instrument because it was not payable at a definite time. C. The note was negotiable because it was conditioned on an event that took place. D. The note was negotiable because it was for a sum certain. |