Which of the Following Instruments Is Nonnegotiable

question 19

Multiple Choice

Which of the following instruments is nonnegotiable?

• A)"I promise to pay to the order of Carol Reed $40,Jerry Jacobs."
• B)A statement in the instrument that it was given in payment of the previous month's rent.
• C)A statement in the instrument that it was given in payment of the purchase price of goods.
• D)"I promise to pay to the order of Meg Raven,at my option,$100 or five baskets of oranges,Dan Gilbert."

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Definitions:

Cyclopean Masonry

A method of stone construction, named after the mythical Cyclopes, using massive, irregular blocks without mortar, characteristic of the Bronze Age fortifications of Tiryns and other Mycenaean sites.

Fortification Walls

Structures built to protect cities, castles, or territories from potential attackers, typically made of stone or brick and dating back to ancient times.

Millennial Generation

A demographic cohort following Generation X, typically defined as individuals born between 1981 and 1996.

Labor Supply

The total hours that workers wish to work at a given wage rate, or the total number of workers willing to work.