Which of the Following Is Nonnegotiable

question 71

Multiple Choice

Which of the following is nonnegotiable?

• A)A note that does not state any other undertaking by the person promising to do any act in addition to the payment of money
• B)A draft payable "15 days after sight"
• C)A note with a clause permitting the time for payment to be accelerated at the option of the maker
• D)A note that is payable "when the interest rate on 30-year treasury bonds reaches 10 percent"

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Definitions:

Same Direction

A term indicating that two or more variables move in tandem, either increasing or decreasing together.

Y-variable

In statistical modeling and experiments, the dependent variable that is influenced or predicted by another variable (X-variable), used to measure outcomes or results.

Opposite Directions

A term indicating movements or trends that are diametrically contrary to each other in a physical or metaphorical sense.

Upward Sloping

A term often used to describe a line on a graph that shows an increase in a variable as another variable increases, indicative of a direct relationship.