If an Instrument Is Payable to Multiple Persons Using the Word

question 47

Multiple Choice

If an instrument is payable to multiple persons using the word "and," then the instrument ________.

• A)cannot be negotiated any further
• B)cannot be negotiated by either party individually
• C)can only be further negotiated jointly
• D)can only be further negotiated with the signature of the drawer

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Definitions:

Dwarf

In botany, refers to a variety of plants that are much smaller than the typical size for their species, often genetically engineered or selected for such a trait.

Medium

Medium can refer to a substance or environment in which something exists or grows, or it can refer to material or means used to convey information or artistic expression.

X Chromosomes

The X chromosome is one of the two sex chromosomes in mammals, including humans, and plays a crucial role in sex determination and genetic inheritance.

Zygote

The 2n cell that results from the union of n gametes in sexual reproduction. Species that are not polyploid have haploid gametes and diploid zygotes.