Oliver Signs an Instrument That States It Is Being Executed

question 63

Multiple Choice

Oliver signs an instrument that states it is being executed "as per a contract for the sale of a case of apples dated May 1." This instrument is

• A) ​negotiable.
• B) ​not negotiable, because banks cannot easily process commodities.
• C) ​not negotiable, because it includes the specific date of a contract.
• D) ​not negotiable, because it refers to an express contract.

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Definitions:

Title VII Of The Civil Rights Act

A section of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Class Action Lawsuit

A legal proceeding where one or several individuals sue on behalf of a larger group of people who share common legal claims or injuries.

Executive Order 11246

A U.S. government directive that requires government contractors to engage in affirmative action to ensure that employees are treated without regard to race, color, religion, sex, or national origin.

Punitive Damages

Financial compensation awarded in lawsuits, over and above the actual loss, intended to punish the defendant for malicious or extremely negligent actions.