A Check Is a Time Instrument Because It Is Payable

question 15

True/False

A check is a time instrument because it is payable in due time.

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Definitions:

Hazardous Products Act

Legislation designed to protect the public and the environment from products that pose a risk due to their chemical or physical properties.

Jelly Candies

Sweet, chewable treats made from sugar, gelatin, and flavors, often shaped into various forms.

Food and Drugs Act

Legislation aimed at protecting consumers by regulating the safety and efficacy of food, drugs, cosmetics, and medical devices.

Unfavourable Credit Report

A credit report indicating a history of missed payments or financial mismanagement, which can negatively impact a consumer's ability to secure loans or credit.