For an Instrument to Be Negotiable It Must

question 44

Multiple Choice

For an instrument to be negotiable it must

• A) contain the word order or bearer.
• B) be written.
• C) contain the date the instrument was prepared.
• D) contain the word order or bearer and be written.

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Definitions:

Debasement

The reduction in quality or value of something, often deliberately for personal gain or advantage.

Incapable

Lacking the ability, means, or competence to accomplish a task or fulfill a role.

Expensive Watch

A high-priced timepiece, often a luxury item, known for its craftsmanship, brand, materials, and mechanical innovation.

Transformational Leader

A leader who brings about positive, major changes in an organization.