Tyrone draws a check payable to "Cash" and presents it to Urban Bank for payment. This instrument is
A. a bearer instrument.
B. an order instrument.
C. valid but nonnegotiable.
D. void.
Answer: A
You might also like to view...
Compare and contrast the use of negative and positive appeals in advertising messages
What will be an ideal response?
During past years, the Oreo cookie has undergone many changes. It is no longer just a cookie. Oreo cookies now appear in breakfast cereals, ice cream, pie crust, cake mix, frosting, brownies, and granola bars
These are all examples of which type of growth strategy?
Discuss the requirements of the Family and Medical Leave Act
Which of the following is not an advantage of simulation methodology as compared to mathematical programming techniques?
a. Finding optimal solutions b. Investigating hypothetical scenarios before implementing potential costly changes c. Dealing with relatively complex systems d. None of the above