Sophie Issues a Promissory Note Made "Payable to the Order

question 18

Multiple Choice

Sophie issues a promissory note made "payable to the order of Molly." Molly indorses the note by signing her name and gives the note to Dana.Which of the following is correct?

• A)Sophie issued a bearer instrument,and Molly kept it in bearer form.
• B)Sophie issued an order instrument,but Molly changed it to bearer form.
• C)Sophie issued an order instrument,and Molly kept it in order form.
• D)Sophie issued a bearer instrument,and Molly changed it to bearer form.

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Definitions:

Dinosaurs

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Cloned

The process or result of creating a genetically identical copy of an organism or cell through scientific methods.

Mammoth Dung

Preserved feces from the extinct species of large, hairy elephants known as mammoths, often studied for scientific research on ancient environments.

Healthy Bacteria

Beneficial microorganisms that reside in the body and contribute to its normal function, particularly in the digestive system.