A Negotiable Instrument Should Be in Writing in Order to Be

question 78

True/False

A negotiable instrument should be in writing in order to be considered valid.

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Definitions:

Rational-Legal Authority

A form of leadership in which authority is legitimized by legal rules and regulations that are formally established.

Organizational Rules

Established guidelines and procedures within an organization that govern the behavior of its members and the operation of the organization itself.

Creative

Pertaining to the ability to generate new ideas, solutions, or artistic expressions, often characterized by originality and innovation.

Intelligent Human Being

An individual characterized by the ability to learn, understand complex ideas, engage in various forms of reasoning, and adapt to new situations.