If an Instrument Fails to Qualify as a Negotiable Instrument

question 50

Multiple Choice

If an instrument fails to qualify as a negotiable instrument, which of the following statements is true?

• A) The instrument by definition fails to be a good contract.
• B) Failure to qualify as a negotiable instrument does not mean the instrument fails to be a good contract.
• C) The instrument by definition is a good contract.
• D) The instrument by definition is a good contract only if it is made out in an amount less than $1,000.
• E) The instrument by definition is a good contract only if it is made out in an amount more than $1,000.

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Definitions:

HIV/AIDS

Human Immunodeficiency Virus/Acquired Immunodeficiency Syndrome, a viral disease that attacks the immune system and can lead to severe immune deficiency and opportunistic infections.

Health Risks

Factors or exposures that can increase the likelihood of developing a health problem or disease.

Holistic Medicine

A form of healing that considers the whole person -- body, mind, spirit, and emotions -- in the pursuit of optimal health and wellness.