Which of the Following Terms Would Make an Instrument Nonnegotiable

question 31

Multiple Choice

Which of the following terms would make an instrument nonnegotiable?

• A) It specifies collateral as security for a debt.
• B) It is undated.
• C) It is payable in foreign money.
• D) It gives the holder the right to receive goods or money.

---

Definitions:

Transformational Leader

A leadership style characterized by the ability to inspire and motivate employees to exceed average performances and achieve significant changes and innovation.

Failing Division

A business unit or department within an organization that is not meeting performance expectations or achieving its goals.

Leadership Style

Leadership Style refers to the behavior and approach of guiding, directing, motivating, and managing a group of people towards achieving a goal.

Transformational Leadership

A style of leadership where leaders encourage, inspire, and motivate employees to innovate and create change that will help grow and shape the future success of the company.