A Promise or Order Is Payable at a Definite Time

question 31

Multiple Choice

A promise or order is payable at a definite time if it is payable:

• A) at a time readily ascertainable at the time the promise or order is issued.
• B) at a fixed date or dates.
• C) at a definite period of time after sight or acceptance.
• D) All of these.

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Definitions:

Accommodation Conflict Management

A conflict resolution strategy where one party gives in to the wishes or demands of another to maintain harmony and avoid confrontation.

Compromise

An agreement or settlement of a dispute that is reached by each side making concessions.

Rational Arguments

Logical reasoning and evidence-based discussions used to persuade or explain a viewpoint.

Persuasion

The act of convincing someone to do or believe something through reasoning or the use of appeal.