If One Instrument Stated,"Pay to the Order of IBM," and the Other

question 18

Multiple Choice

If one instrument stated,"Pay to the Order of IBM," and the other stated,"Pay to IBM," which instrument would be negotiable?

• A) Both would be negotiable instruments.
• B) Neither would be a negotiable instrument.
• C) "Pay to the Order of IBM" creates a negotiable instrument.
• D) "Pay to IBM" creates a negotiable instrument.

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Definitions:

Lifetime

The duration of existence of an individual or the period during which something is functional or valid.

Long-term Memory

A type of memory that can store an unlimited amount of information for a potentially indefinite length of time.

Sensory Memory

The shortest-term element of memory, it allows the ability to retain impressions of sensory information after the original stimuli have ended.

Chunking

Chunking is a cognitive strategy for organizing information into manageable units or chunks, making it easier to process and remember.