Which of the Following Is Synonymous,in Legal Terms,with the Concept

question 44

Multiple Choice

Which of the following is synonymous,in legal terms,with the concept that liability for payment of a negotiable instrument is independent of the original debtor-creditor relationship?

• A) A negotiable instrument has a life of its own.
• B) Each cheque is valuable evidence of contractual obligations.
• C) There is always good reason for liability to be borne by the other party.
• D) It is convenient and dependable for commerce.

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Definitions:

VR

Short for Virtual Reality, a simulated experience that can be similar to or completely different from the real world, using electronic equipment.

MR

Acronym for Market Research, the process of gathering, analyzing, and interpreting information about a market.

CR

Customer Relationship; the management of interactions and relationships between a business and its customers.

Digital Detox

A period of time during which an individual refrains from using digital devices such as smartphones, computers, and social media, to reduce stress and focus on social interactions in the physical world.