A Substitute for Cash, or ________, Is a Written Document

question 53

Multiple Choice

A substitute for cash, or ________, is a written document containing the signature of the creator that makes an unconditional promise to pay.

• A) a nonnegotiable instrument
• B) a negotiable instrument
• C) a payable document
• D) a nonpayable document
• E) an endorsed payable document

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Definitions:

Traditional Views

Established opinions or beliefs that have been long held by societies or cultures about various subjects.

Highly Religious

Describes a person who places a great deal of importance on religious beliefs and practices in their daily life and decision making.

Homogamy

The practice of individuals marrying others who are similar to themselves, especially in terms of cultural background, education, beliefs, and social status.

Serial Monogamy

The practice of engaging in a series of monogamous romantic relationships, one after the other.