Which of the Following Is Assumed by the UCC If

question 24

Multiple Choice

Which of the following is assumed by the UCC if an instrument is silent as to the time of payment?

• A) That it is a demand instrument
• B) That it is a time instrument
• C) That it is a void instrument
• D) That it is a voidable instrument
• E) That it is a nonnegotiable instrument

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Definitions:

Internal Communications

The strategies and practices used by an organization to facilitate effective communication among its employees.

PR Campaigns

refer to carefully planned and executed initiatives designed to communicate specific messages from an organization to the public, often to manage the organization's image or to promote products, services, or events.

Company Policies

Rules and guidelines developed by organizations to govern employee actions and company operations, ensuring compliance and ethical behavior.

Due Diligence

Reasonable steps taken by a person or firm to satisfy a legal requirement or before entering into an agreement.