In Legal Terms,which of the Following Is Synonymous with the Concept

question 41

Multiple Choice

In legal terms,which of the following is synonymous with the concept that liability for payment of a negotiable instrument is independent of the original debtor-creditor relationship?

• A) A negotiable instrument has a life of its own.
• B) Each cheque is valuable evidence of contractual obligations.
• C) There is always good reason for liability to be borne by the other party.
• D) It is convenient and dependable for commerce.

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Definitions:

Interests Outside

Activities and hobbies engaged in apart from professional or main life duties.

Work

Tasks or activities undertaken to achieve a goal, often in exchange for payment; also refers to employment or occupation.

Good Impression

the positive perception or judgment formed by someone based on initial encounters or interactions.

Telephone Interview

A method of conducting an interview over the phone, commonly used in preliminary employment screening or research.