To Operate Practically as a Substitute for Cash or a Credit

question 35

Multiple Choice

To operate practically as a substitute for cash or a credit device, a negotiable instrument must be

• A)conditional without the risk of being collectable.
• B)transferable without the danger of being uncollectable.
• C)qualified with a promise to set aside the qualification.
• D)payable without recourse.

---

Definitions:

Union Certified

A status indicating that a labor union has been officially recognized as the representative of workers in a particular workplace or sector.

Contractual Term

A contractual term is any provision forming part of a contract. Each term gives rise to a contractual obligation, breach of which can give rise to litigation.

Minimum Standards

The lowest or basic level of quality, safety, or performance considered acceptable by regulatory bodies.

Employment Standards Legislation

Laws that establish minimum requirements for working conditions, including wages, hours of work, holidays, and leaves, protecting the rights of employees.