After the Collapse of the Soviet Union in 1991, It

question 32

Multiple Choice

After the collapse of the Soviet Union in 1991, it was succeeded by:

• A) a federal state not unlike the United States.
• B) fifteen sovereign states without any special connection with one another.
• C) a loose organization called the Commonwealth of Independent States.
• D) a loose organization called the Commonwealth of Independent States of former states excluding Russia.

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Definitions:

On Demand

Refers to goods, services, or information being available whenever requested by customers or users.

Negotiable

Capable of being transferred from one party to another in exchange for something of value, typically used in the context of financial instruments.

Acceleration Clause

A provision in a loan agreement that allows the lender to demand immediate repayment of the balance if certain conditions are not met.

Negotiable Instrument

A financial document, such as a check or promissory note, that contains an unconditional promise or order to pay a specified amount of money, easily transferable from one party to another.