Yun Writes an Instrument That States It Is "Payable to Zho

question 5

Multiple Choice

Yun writes an instrument that states it is "payable to Zho Ltd." In fact, "Zho Ltd." does not exist. The instrument is

• A)negotiable.
• B)nonnegotiable, because it does not state that it is payable to order.
• C)nonnegotiable, because it is payable to a nonexistent organization.
• D)nonnegotiable, because it cannot be transferred by indorsement.

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Definitions:

Cost Per Thousand

A metric used in marketing to denote the price of 1,000 advertisement impressions on one webpage.

Ad Loads

The amount of advertising content displayed or broadcasted in a given medium, such as TV, online platforms, or print media.

Visitor

An individual who comes to a place for a short time for various purposes, including tourism, business, or leisure.

Cost-Per-Action

A pricing model in online advertising where the advertiser pays for each specified action (like a sale or click) linked to the advertisement.