Which of the Following Would Be a Bearer Instrument

question 34

Multiple Choice

Which of the following would be a bearer instrument?

• A) A check payable to "cash."
• B) A check that says "pay to the order of John Jones."
• C) A check that says "pay to the order of bearer."
• D) A check payable to "cash" or a   check that says "pay to the order of bearer."

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Definitions:

Acquire Patents

Process of obtaining legal rights to inventions or designs, ensuring exclusive use to the holder.

Cost-Reduction

Strategies or actions taken to lower expenses and improve efficiency in production or operations.

Long-Run Profitability

A measure of a company's ability to maintain earnings at a certain level over the length of time necessary to cover all costs, including variable and fixed costs.

Imitate

The act of copying or mimicking the actions, appearance, or characteristics of someone or something.