In Spite of Being the Most Complex Culture in the World

question 56

Multiple Choice

In spite of being the most complex culture in the world, China did not expand outward because

• A)the Chinese religion forbade overseas ventures.
• B)it was conquered by the Europeans.
• C)it produced little that the outside world wanted.
• D)it was a self-contained system that believed it did not need the rest of the world.
• E)it was defeated by Europe in the 1400s.

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Definitions:

Conditionally Liable

Refers to a legal obligation that becomes enforceable only upon the occurrence of a specified condition.

Stated Amount

The specified value or sum agreed upon in a contract for the provision of goods, services, or coverage.

Negotiable Instrument

A formal paper assuring the disbursement of a specified amount of funds, which could be paid either immediately when requested or at a scheduled time, with the document identifying the payor.

Demand Instrument

A type of draft that allows the payee to demand payment at any time from a holder.