Asked by christopher Neville on Jun 03, 2024
Verified
A promise or order is unconditional if it states that:
A) there is an express condition to payment.
B) the promise or order is subject to or governed by another writing.
C) rights or obligations concerning the order or promise are stated in another writing.
D) it is absolute and not subject to any contingencies or qualifications. .
Unconditional
refers to something that is not subject to any conditions or limitations.
Express Condition
A specific and unequivocal condition in a contract that must be met for the contract's obligations to be enforced or remain in effect.
Absolute
Complete and total without any conditions, restrictions, or exceptions.
- Grasp the particular stipulations that qualify a promise or order as unconditional and payable on a fixed date.
Verified Answer
CK
Cameron KlingenerJun 09, 2024
Final Answer :
D
Explanation :
A promise or order is considered unconditional if it is stated to be absolute and not subject to any contingencies, conditions, or qualifications. This means that the fulfillment of the promise or order does not depend on any external factors or conditions being met.
Learning Objectives
- Grasp the particular stipulations that qualify a promise or order as unconditional and payable on a fixed date.