Which of the Following Serves as a Discharge of a Negotiable

question 38

Multiple Choice

Which of the following serves as a discharge of a negotiable instrument?

• A)payment.
• B)cancellation.
• C)alteration.
• D)all of the above.

---

Definitions:

Illuminate

To light up or brighten a space; in a metaphorical sense, it can also mean to clarify or make something clear and understandable.

Paving Cost

Expenses related to the laying of a pavement, including materials and labor.

Land Improvements

Enhancements made to a parcel of land to increase its value, such as landscaping, fencing, and infrastructure development.

Revenue Expenditure

Expenditures that are immediately charged against revenues as an expense of the period in which they are incurred, often related to the costs of day-to-day operations.