All but Which One of the Following Is Required of a Negotiable

question 16

Multiple Choice

All but which one of the following is required of a negotiable instrument?

• A) It must be payable only out of a particular fund.
• B) It must contain an unconditional promise or order to pay a fixed amount in money.
• C) It must be payable on demand or at a definite future date.
• D) It must be in writing and signed by the maker or drawer.

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Definitions:

Amino Acids

Organic compounds containing amine and carboxylic acid functional groups, serving as the building blocks of proteins.

Anterior Pituitary

The front portion of the pituitary gland, responsible for producing and releasing hormones that regulate several endocrine functions.

Parathyroid Glands

Small endocrine glands in the neck that produce parathyroid hormone (PTH), regulating calcium levels in the blood and bone metabolism.

Thyroid

A butterfly-shaped gland located in the neck below the Adam's apple, producing hormones that regulate the body's metabolic rate as well as heart and digestive function, muscle control, brain development, and bone maintenance.