If the Choice of Whether an Instrument Is Payable in Either

question 20

True/False

If the choice of whether an instrument is payable in either cash or goods is left up to the holder, the instrument is not negotiable.

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Definitions:

5 Years Old

A 5 years old is a child who has reached the age of five, a period characterized by rapid development in language, cognitive skills, and social interaction, typically attending preschool or kindergarten.

Infant Child

Refers to a very young child or baby, typically under one year of age.

Domestic Chores

Tasks and activities performed within the home, such as cleaning, cooking, and maintenance, typically for the upkeep and management of the household.

Present

The period of time that is happening now, or a gift, or to formally introduce or offer something.