Which of the Following Statements Is True of a Negotiable

question 74

Multiple Choice

Which of the following statements is true of a negotiable instrument?

• A) It should be signed by the payee.
• B) It need not state a fixed amount of money.
• C) It should not require any undertaking other than the payment of money.
• D) It can be either written or oral.

---

Definitions:

Mental Health Issues

Conditions that affect a person's thinking, feeling, behavior, or mood, such as depression, anxiety, bipolar disorder, and schizophrenia.

Mathematical Ability

The capacity to understand, analyze, and apply mathematical concepts, procedures, and reasoning to solve quantitative problems.

Sex Discrimination

Unfair treatment of individuals based on their sex or gender, often resulting in restricted opportunities, rights, and benefits.

Confidence

The feeling or belief that one can rely on someone or something; self-assurance.