Pedro Signs an Instrument That States It Is Being Executed

question 23

Multiple Choice

Pedro signs an instrument that states it is being executed "as per a contract for the sale of a truckload of almonds dated May 1." This instrument is

• A)not necessarily nonnegotiable.
• B)not negotiable, because banks cannot easily process commodities.
• C)not negotiable, because it includes the specific date of a contract.
• D)not negotiable, because it refers to an express contract.

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Definitions:

Situational Factors

External influences that affect an individual's behavior, decisions, or performance in a given context or environment.

Authoritarian Personalities

A personality type characterized by strict adherence to authority, submission to authority figures, and a desire for order and conformity.

Obedience

The act of following orders or commands from an authority figure, often studied in social psychology.

Authority

The power or right to give orders, make decisions, and enforce obedience, often associated with a particular position in a government, organization, or institution.