Which of the Following Statements About the "Payable on Demand

question 23

Multiple Choice

Which of the following statements about the "payable on demand" requirement of negotiable instruments is true?

• A)An instrument may be postdated,and normally an instrument "payable on demand" is not payable before the date of the instrument.
• B)A promise or order is "payable on demand" only if it states it is payable on "sight."
• C)A promise or order is "payable on demand" only if it states a time for payment.
• D)A promise or order is "payable on demand" only if it states it is payable on "demand."

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Definitions:

Play Environment

A play environment refers to a space designed and equipped to support children's play, offering opportunities for learning, socialization, and physical activity.

Medically Fragile

Referring to individuals, often children, who have serious medical conditions that require extensive care and are at risk of complications.

Disabilities

Physical or mental conditions that limit a person's movements, senses, or activities.

Initiative

The ability to assess and initiate things independently; taking charge of situations or undertaking new projects.