The First Computers Were Developed in ____

question 14

Multiple Choice

The first computers were developed in ____.

• A) the late 1920s and early 1930s
• B) the late 1940s and early 1950s
• C) the mid-1960s
• D) 1971

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Definitions:

Order Paper

A financial instrument made out to a specific individual or entity and can only be transferred to a new holder when endorsed by the named party.

Special Indorsement

An endorsement on a negotiable instrument, such as a check, that specifies the person to whom or to whose order the money is to be paid.

Bearer Paper

A negotiable instrument or document of title that entitles the holder or bearer to the rights specified in the document, without needing to prove ownership.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time.