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Under the Negotiable Instruments Article of the UCC, which of the following instruments meets the negotiability requirement of being payable on demand or at a definite time? A. A promissory note payable June 30, year 1, whose holder can extend the time of payment until the following June 30 if the holder wishes. B. An undated promissory note payable one month after date. C. A promissory note payable June 30, year 1, whose maturity can be extended by the maker for a reasonable time. D. A promissory note payable one year after a person’s marriage. |