Sophie Issues a Promissory Note Made "Payable to the Order

question 18

Multiple Choice

Sophie issues a promissory note made "payable to the order of Molly." Molly indorses the note by signing her name and gives the note to Dana.Which of the following is correct?

• A)Sophie issued a bearer instrument,and Molly kept it in bearer form.
• B)Sophie issued an order instrument,but Molly changed it to bearer form.
• C)Sophie issued an order instrument,and Molly kept it in order form.
• D)Sophie issued a bearer instrument,and Molly changed it to bearer form.

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Definitions:

Parental Involvement

The participation and engagement of parents in their children's educational and developmental processes.

Educational Methods

Various strategies, approaches, and techniques used for teaching and learning.

Children's Schooling

The education and academic instruction that children receive at schools during their formative years.

Self-Efficacy

A person's belief in their own ability to succeed in specific situations or accomplish a task.