Which of the Following Is a Requirement of Negotiability? ​

question 16

Multiple Choice

Which of the following is a requirement of negotiability? ​

• A)The payee and the drawee need not be designated.
• B)The instrument must be in writing and signed by the party executing it.
• C)The instrument must provide for the payment of a flexible amount of money.
• D)The order or the promise in the instrument must be conditional.

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Definitions:

Argumentum ad Populum

Argumentum ad Populum is a fallacy in which something is considered true or better simply because it is popular with the majority.

Appeal to Majority

A fallacy in reasoning that argues a claim must be true simply because a majority of people believe it.

Fallacy

An incorrect assumption or flaw in logic that causes an argument to be invalid.

Appeal to Authority

A logical fallacy in which the argument relies on the authority or reputation of an individual as evidence, rather than on logical reasoning or empirical evidence.