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Question
Ida executes an instrument in favor of Joy that states, "The holder of this note at the date of maturity, July 1, 2007, can extend the time of payment indefinitely, if the holder so desires." After July 1, 2007, this instrument isa. a bearer instrument.
b. a demand instrument.
c. a nonnegotiable instrument.
d. an order instrument.
Answer
This answer is hidden. It contains 1 characters.
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