To Become a Negotiable Instrument, a Draft Must Conform to the Following

question 3

Multiple Choice

To become a negotiable instrument, a draft must conform to the following requirements EXCEPT:

• A) it must be in writing and signed by the maker or drawer.
• B) it must be payable to order or to bearer.
• C) it must be written in English.
• D) it must be payable on demand or at a fixed or determinable future date.

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Definitions:

Academic Degree

A qualification awarded to students upon successful completion of a course of study in higher education, usually at a college or university.

M.D.

Stands for Doctor of Medicine, a professional graduate degree awarded to physicians and surgeons by medical schools.

Psychoanalytic

Pertaining to a psychological theory or therapeutic method that emphasizes the exploration of unconscious motivations and conflicts.

Client-Centred

A therapeutic approach focusing on creating a supportive environment where the client leads the process of healing or growth.