It Is Not a Requirement of a Negotiable Instrument That

question 29

Multiple Choice

It is not a requirement of a negotiable instrument that it

• A) be payable in money.
• B) be payable at a specified or determinable time.
• C) be payable at a definite time.
• D) contain an unconditional promise to pay.

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Definitions:

Adobe Walls

Walls made from a mixture of earth, water, and organic materials such as straw, shaped into bricks and dried in the sun, used in some building constructions.

Passive Solar System

A design approach that utilizes the sun's energy for the heating and cooling of living spaces by exposure to the sun, without active mechanical systems.

Active Solar System

An energy system that directly uses mechanical or electrical devices powered by sunlight, such as solar panels, to capture and convert solar energy.

Renewable Energy

Refers to energy derived from natural processes that are replenished at a rate faster than they are consumed, such as sunlight, wind, rain, tides, and geothermal heat.