Examlex

Solved

"My Computer Doesn't Like Me-It Keeps Eating My Pictures," Says

question 64

Multiple Choice

"My computer doesn't like me-it keeps eating my pictures," says three-year-old Kimberly. This is an example of:


Definitions:

Negotiability

The quality of a document, particularly a financial instrument, that allows it to be transferred or assigned freely from one party to another.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or a bond, and has the right to collect the value of the instrument.

Payable

Describes an amount of money that is owed and should be paid, often within a specified period.

Bearer

Refers to an individual or entity in possession of a negotiable instrument, such as a check or bond, that is payable to whoever holds it.

Related Questions