Asked by keith sanders on May 07, 2024
Verified
To be negotiable, an instrument must be in writing.
Writing
The act of marking coherent words on a surface to communicate information, or the physical record of such words.
Negotiable
indicates that a financial instrument or document can be transferred from one party to another, often by endorsement or delivery, altering the holder in due course.
- Apprehend the effect of form and material on the transferability of negotiable instruments.
Verified Answer
PC
Pearly CopperMay 14, 2024
Final Answer :
True
Explanation :
According to the Uniform Commercial Code (UCC), negotiable instruments must be in writing.
Learning Objectives
- Apprehend the effect of form and material on the transferability of negotiable instruments.