Which of the Following Factors Do Not Affect Negotiability of an Instrument

question 43

Multiple Choice

Which of the following factors do not affect negotiability of an instrument?

• A) a provision specifying the collateral that secures the debt
• B) the antedating of the instrument
• C) the omission of a date of execution
• D) none of the above affect negotiability

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Definitions:

Contribution Margin

The difference between the sales revenue of a company and its variable costs, indicating how much contributes to covering its fixed costs and generating profit.

Sales Volume

The total quantity of sales or units sold within a particular time frame.

Break-Even Point

The point at which total costs equal total revenues, meaning the business is not making a profit or a loss.

Direct Material

Raw materials that can be physically and directly associated with the finished product during the manufacturing process.