A Promissory Note Cannot Be Scanned into an Electronic Note

question 61

Multiple Choice

A promissory note cannot be scanned into an electronic note and have the electronic version qualify as a negotiable instrument under:

• A)the Uniform Electronic Transactions Act.
• B)the Uniform Electronic Transactions Act and the Electronic Signatures in Global and National Commerce Act.
• C)the Uniform Commercial Code.
• D)the Uniform Commercial Code and the Electronic Signatures in Global and National Commerce Act.

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Definitions:

Contributions

Efforts, work, or resources provided by individuals or groups towards a common goal or for the benefit of a larger entity.

Job Evaluation

A systematic process used to determine the relative worth or value of a job in comparison to other jobs within an organization.

Market Surveying

The process of gathering, analyzing, and interpreting information about a market, including potential customers and competitors.

Skill Level

The degree of competence or expertise required to perform a job effectively, often determined by education, training, and experience.