Examlex

Solved

DrLevi Was Standing at an Intersection Getting Ready to Cross

question 45

Multiple Choice

Dr.Levi was standing at an intersection getting ready to cross the street when Jonah ran a red light and crashed into Silas's blue Dodge pickup.Dr.Levi can testify as:


Definitions:

Time Of Payment

The specific date or schedule agreed upon for payment to be made in a transaction.

Bearer Instrument

A type of negotiable financial instrument that entails payment to whoever holds the document, without requiring the transfer to be recorded, distinguishing it from other securities which are registered to specific owners.

Payable

Refers to an amount of money that is owed by a person or company to a creditor, typically categorized in financial statements as current liabilities.

Possesses

The act of having physical control or ownership of something, indicating a legal relationship between a person and the object being possessed.

Related Questions