When Written Documents Are Signed by a Party That Makes

question 15

Multiple Choice

When written documents are signed by a party that makes an unconditional promise to pay the holder of the instrument a specific sum of money on demand, or at a certain time, they are called?

• A) Negotiable instruments
• B) Informal contracts
• C) Simple contracts
• D) Recognizances
• E) Formal contracts

---

Definitions:

Oxygen

A chemical element with the symbol O and atomic number 8, essential for the respiratory processes of most living organisms.

Diplomonads

A group of flagellate protozoa, often found in anaerobic environments, characterized by having two nuclei.

Petroleum Deposits

Accumulations of hydrocarbons, formed from ancient organic matter, found underground and extracted for fuel and other products.

Geologic Processes

Geologic processes involve the dynamic movements and interactions within the Earth's crust and surface, leading to phenomena such as earthquakes, volcanic eruptions, and the formation of mountains and basins.