What are the requirements for an instrument to be negotiable? Give an examples 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? Give an examples of a negotiable instrument and a non-negotiable instrument from your experience. 3.How do the requirements of the Electronic Funds Transfer Act effect your understanding of negotiable instruments?