Alice writes Tom a check for $500?

Question

Alice writes Tom a check for $500 and includes on the payee line "when he finishes painting my Kitchen" What requirment of a negotiable instrument is not being met?

so is that
a. Payable without conditions
b.payable for a specific, fixed, amount of money
c. payable on demand or at a definite time
d. in writing and signed by the isssuer.

Answer 1

An argument could be made that 'when he finishes' renders the 'definite time' requirement moot, but that condition could still be met with 'on demand.' Based on that, the answer would be 'a' since a condition has been added.

Answer 2

#1 from below:

For a writing to be a negotiable instrument under Article 3, the following requirements must be met

1. The promise or order to pay must be unconditional;
2. The payment must be in a specific sum of money, although interest may be added to the sum;
3. The payment must be made on demand or at a definite time;
4. The instrument must be payable to bearer or to order.

Answer 3

Acceptance.

Answer 4

hmm It is now a Conditional check, the Bank has no way to know if the condition is met.

Answer 5

proof of completion?

Answer 6

myspace tom?