By Number of Cargo Containers, What Is the Largest U

question 35

Multiple Choice

By number of cargo containers, what is the largest U.S.export to China?

• A)automobiles
• B)coal
• C)grain
• D)scrap

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Definitions:

Promissory Note

A financial instrument that contains a written promise by one party to pay another party a definite sum of money either on demand or at a specified future date.

Reasonable Identification

Identification that is deemed sufficient by law or regulation to reliably establish an individual’s identity.

Notification of Dishonor

A formal notice given to the parties involved in a negotiable instrument (like a check or promissory note) indicating that payment has failed or been refused.

Drawer Secondarily Liable

The obligation of the drawer of a negotiable instrument, such as a check, to pay if the primary party fails to do so.