Which of the following is a substitute for cash?

A) A negated instrument
B) A promised instrument
C) A negotiable instrument
D) A promissory agreement
E) A negotiable oral promise

Negotiable Instrument

A voucher guaranteeing that a specified sum of money will be paid, either when demanded or at a certain time, with the payer’s identity specified on the voucher.

Substitute

In a legal or contractual context, to replace one obligation, duty, or individual with another.

Cash

represents money in the physical form of currency, such as coins and banknotes, used to purchase goods, services, or settle debts.