If a Negotiable Instrument Is Not Paid on Time and a Lawsuit

question 5

Short Answer

If a negotiable instrument is not paid on time and a lawsuit to collect the amount of the instrument is not brought within the time set by a state's statute of limitations, the instrument is ____________________.

---

Definitions:

Estrogen

A group of steroid hormones that play a crucial role in the development and regulation of the female reproductive system and secondary sex characteristics.

Hippocampus

A major component of the brain located in the medial temporal lobe, important for learning and memory.

Anterograde Amnesia

A condition that prevents an individual from forming new memories after the event that caused the amnesia.

Memory

The faculty by which the mind stores and remembers information; it is essential for learning and the formation of our identity.