Which of the following is true of a bearer paper?

A) It will mention a specific person as payee.
B) It will not specify a payee.
C) It will contain the term "payable to the order of."
D) It will contain an additional undertaking besides the payment of money.


B

Business

You might also like to view...

______ refers to whether a theory is presented with simplicity--the fewest statements possible.

A. Acuity B. Consistency C. Practicality D. Succinctness

Business

What are some of the ways that private equity firms can increase an entrepreneurial firm’s value?

What will be an ideal response?

Business

On what grounds can the case be made that the Orange County bankruptcy was not a derivative-related failure? On what grounds can a case be made that it was a derivative-related failure?

What will be an ideal response?

Business

________ means the investors can convert their investment into cash quickly at a low cost

A) Liquidity intermediation B) Denomination intermediation C) Diversification D) Managerial expertise

Business