When Ambiguous Language in an Instrument Exists

question 52

Multiple Choice

When ambiguous language in an instrument exists:

• A) the instrument becomes non-negotiable.
• B) handwriting supersedes typewritten words.
• C) typewritten words supercede handwritten words.
• D) judgment interest accumulates at the rate of 5% per annum.

---

Definitions:

Purchasing

The process of acquiring goods, services, or works from an external source, often involving tendering or bidding processes.

Manufacturing

The process of producing goods and products, typically in large quantities, using labor, machinery, and raw materials.

Direct Contribution

Direct contribution refers to the specific, measurable impact that an individual or activity has on the achievement of an organization’s objectives or on the completion of a project.

Line Managers

Managers who have direct responsibility over a specific department or team, involved in day-to-day operations and personnel management.