Direct Connect Company Orders a Quantity of Wire from Electric

question 68

Multiple Choice

Direct Connect Company orders a quantity of wire from Electric Supply Inc. To finance the purchase, Direct signs a note that includes a reference to the parties' contract, a payment schedule, and a security agreement. This note is

• A)negotiable.
• B)nonnegotiable, because it refers to the parties' contract.
• C)nonnegotiable, because it refers to a payment schedule.
• D)nonnegotiable, because it refers to a security agreement.

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Definitions:

Productive

Having the capability or efficiency to produce a significant quantity of output, results, or progress.

Electroencephalograph (EEG)

A device used to record the electrical activity of the brain, often used in the diagnosis of neurological conditions and the study of brain function.

Delta Waves

Slow, high-amplitude brainwaves associated with the deepest stages of sleep and relaxation, playing a role in brain health and functioning.

Sleep Lab

A sleep lab is a facility equipped for observing and recording a person's sleep patterns to diagnose sleep disorders.