Which of the Following Can Be Negotiable

question 41

Multiple Choice

Which of the following can be negotiable?

• A)A promissory note that states, "Pay to Floyd Burchett $3000 on September 1, 2015."
• B)A check written on the standard check form that does not state the date it was issued.
• C)A promissory note from Farmer Douglas to Hainey Seeds, Inc. promising to pay for the seed purchased in the spring with bushels of grain harvested in the fall.
• D)An oral promise to pay to the order of Justin $500 on demand.

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Definitions:

Reorganizing

The process of arranging or structuring something again or differently, often to improve efficiency or clarity.

Problem

A situation, question, or matter that needs to be solved or resolved through thought, discussion, or action.

Analogy

A cognitive process of transferring information or meaning from a particular subject (the analogue or source) to another (the target), also a linguistic expression corresponding to such a process.

Similar Phenomena

Events or occurrences that share common attributes or patterns with others, allowing comparisons and analyses based on their resemblances.