All of the Following Are Industries with a Strong,consistent Industry

question 63

Multiple Choice

All of the following are industries with a strong,consistent industry component except

• A) Gold.
• B) Steel.
• C) Railroads.
• D) Tobacco.
• E) Paper.

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Definitions:

Accommodation Party

A party who signs an instrument to provide credit for another party who has also signed the instrument.

Credit

The granting of a loan and the creation of debt; any form of deferred payment, or the ability of an individual or company to borrow money with the promise to repay it at a later date.

Commercially Reasonable

Actions that a prudent person would reasonably take under comparable circumstances, particularly in business transactions.

Notice of Dishonor

A formal notification that a negotiable instrument, like a check, has been refused payment.