Which of the following can be negotiated by transfer of possession of an instrument after indorsement by the person specified?

A. Teller's check
B. Bearer paper
C. Blank endorsement
D. Order paper


Answer: D

Business

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A. Merchandising B. Warehousing C. Distribution D. Depletion

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Preventive maintenance is reactive

Indicate whether the statement is true or false

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Suki works for Renaldo. At the end of her first year, Renaldo promises to pay her a bonus for her "four quarters of success." Renaldo's promise is

A. unenforceable because Suki's performance was a preexisting duty. B. unenforceable because Suki's performance is past. C. enforceable. D. unenforceable because Suki's performance is not legally sufficient.

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After a FOIA request has been made, an agency has ____ to indicate whether it intends to comply

A) three business days B) ten working days C) three weeks D) one month

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