On a Piece of Paper,A Writes a Memo That Sets

question 33

Multiple Choice

On a piece of paper,A writes a memo that sets out the name of his bank,his bank account number,and a statement indicating that the bank is required to pay to B whatever amount B desires.A then puts his signature at the bottom and gives the memo to B.In this case,the memo is

• A)a cheque.
• B)a negotiable instrument.
• C)a promissory note.
• D)a bill of exchange.
• E)none of the above

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Definitions:

Category

People who share one or more attributes but who lack a sense of common identity or belonging.

Social networks

Structures made up of individuals or organizations connected by one or more specific types of interdependency, such as friendship, kinship, common interest, or economic exchange.

Duncan Watts

A sociologist known for his work on network theory, particularly in relation to small worlds and collective dynamics.

Charismatic authority

Describes a form of leadership where followers attribute extraordinary leadership abilities or qualities to a leader, often seen as revolutionary or heroic.