Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. ez credit company signs an instrument payable to t

EZ Credit Company signs an instrument payable to the order of Fraser that states, The...

80.2K

Verified Solution

Question

Accounting

EZ Credit Company signs an instrument payable to the order of Fraser that states, The maker of this note at the date of maturity, May 1,2013, can extend the time of payment, but for no more than a reasonable time. This instrument is
negotiable.
nonnegotiable, because it includes an extension clause.
nonnegotiable, because it is payable to a specific payee.
nonnegotiable, because it is not payable within a definite time.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

3) consider computing e^x-1/x a) Explain when and why a loss of significance can happen. b) show...

Advance Math
Q

Match each term with its most appropriate definition syncope coma meninges nerves brain concussion cerebellum...

Biology
Q

Which of the following processes breaks down the six carbon glucose molecules into two molecules...

Biology
Q

Question 7 The number of bacteria in a refrigerated food product is given by N...

Basic Math
Q

The following table provides a probability distribution for the random variable y y f y...

Statistics
Q

For this graph What is true about the graph at point P Choose all that...

Calculus
Q

Use the quotient to a power rule to simplify 4 y 5 3 3

Algebra
Q

fuzzy Dice Inc. ("Fuzzy" o "la Compaa") fabrica artculos de novedad que distribuye a mayoristas...

Accounting
Q

Is this correct? You have decided to open...

Accounting
Q

Amalgamated General Corporation is a consulting firm that also offers financial services through its credit...

Accounting
Q

The budgeted production of Taurus, Inc. is 10,000 units per month. Each unit requires 40...

Accounting
Q

You loaned your roommate $4,500 for next semesters tuition. Your roommate promised to pay you...

Accounting