Considering Only the Issue of Terminology, Not the Issue of Handwriting

question 42

Multiple Choice

Considering only the issue of terminology, not the issue of handwriting or whether Sophie properly performed, which of the following is true regarding whether the language "I, Reza Salehi, owe Sophie Smith $50" is insufficient to establish elements required for a negotiable instrument?

• A) The language is sufficient because it acknowledges the debt, and that is the only required standard.
• B) The language is insufficient because it only acknowledges the debt and is not a promise to pay.
• C) The language is sufficient only because the instrument is in an amount under $500.
• D) The language is sufficient because it acknowledges the debt and is also a promise to pay.
• E) The language is sufficient because it acknowledges the debt and is unconditional.

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Definitions:

United States

A country located in North America, consisting of 50 states, a federal district, five territories, and various possessions.

Puerto Rico

A Caribbean island and unincorporated territory of the United States, with a rich cultural heritage and diverse ecosystem.

Japan

An island country located in East Asia, known for its rich history, cultural heritage, technological advancements, and economic power.

Physical Control

The ability to maintain influence over one's physical actions and environment, often used in the context of health or personal discipline.