On May 1, Mia Signs a Check That Is Payable

question 34

Multiple Choice

On May 1, Mia signs a check that is payable to the order of Nicole and that is dated July 1. This check is

• A) ​negotiable.
• B) ​nonnegotiable, because it is payable to a corporation.
• C) ​nonnegotiable, because it is postdated.
• D) ​nonnegotiable, because it is signed by the drawer.

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Definitions:

Cost-benefit Analysis

A systematic approach to estimating the strengths and weaknesses of alternatives used to determine options which provide the best approach to achieve benefits while preserving savings.

Ethics

Moral principles that govern a person's behavior or the conduct of an activity.

A Priori Guidelines

Principles or rules that are derived through logic or reason, rather than from empirical observation.

Ethical Judgments

Decisions or conclusions about the morality of actions, behaviors, or situations, based on a set of moral principles or a moral philosophy.