Which of the following statements is true of a negotiable instrument?
A) It should be signed by the payee.
B) It need not state a fixed amount of money.
C) It should not require any undertaking other than the payment of money.
D) It can be either written or oral.
C
You might also like to view...
This question has two parts; be sure to answer both. First, explain at least one of Mary Parker Follett's ideas on how organizations should become more democratic. Next, suppose you work at an advertising agency as an account manager. You are responsible for keeping your clients (the advertisers) happy, but you do not do the creative work of designing the ads. Explain how you might manage a conflict with one of your most talented ad designers, who does not agree with the client's ideas and does not want to implement them.
What will be an ideal response?
The Communication Age enables you to reach larger and more diverse audiences in ways unimaginable a few years ago. How do nonverbal communication characteristics such as attire, movement, gestures, or eye contact impact a presentation viewed digitally?
What will be an ideal response?
Which of the following is a recognized disadvantage of an LLC?
A) State statutes are not uniform. B) Members are not personally liable for the LLC's debts and obligations. C) The LLC has continuity beyond the death of a member or members. D) The LLC can include foreign investors.
When a business customer engages in a straight rebuy, the member of the buying center most likely to be involved in the purchase is the
A. initiator. B. decider. C. influencer. D. buyer. E. user.