A Promise or Order Is Payable at a Definite Time

question 66

Multiple Choice

A promise or order is payable at a definite time if it is payable at a:

• A)time readily ascertainable at the time the promise or order is issued.
• B)fixed date or dates.
• C)definite period of time after sight or acceptance.
• D)All of the above.

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Definitions:

Terry Cloth

A fabric with loops that can absorb large amounts of water; commonly used for towels and bathrobes.

Wire

A slender, flexible strand or rod of metal used to bear mechanical loads or electricity and telecommunication signals.

Biological Drives

Innate impulses in living organisms that contribute to their survival, such as hunger, thirst, and the instinct for reproduction.

Contact Comfort

The psychological and emotional comfort that an infant derives from being in physical contact with its caregiver, suggesting the importance of touch in social and emotional development.