Tag: Electronic Funds Transfer Act
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What are the requirements for an instrument to be negotiable? In your answer, give an example of a negotiable instrument and a non-negotiable instrument from your experience.
1. How is a check different from other drafts? 2. What are the requirements for an instrument to be negotiable? In your answer, give an example of a negotiable instrument and a non-negotiable instrument from your experience. How do the requirements of the Electronic Funds Transfer Act effect your understanding of negotiable instruments?