If a Negotiable Instrument Is Payable on Demand,it Is Overdue

question 14

Multiple Choice

If a negotiable instrument is payable on demand,it is overdue:

• A) the day after demand for payment has been made in a proper manner and form.
• B) 30 days after its date if it is a check.
• C) three days after demand for payment has been made in a proper manner and form.
• D) 60 days after its date if it is a check.

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Definitions:

Align Pictures

The process of adjusting the position of images in a document or presentation to make them visually consistent with other elements.

Duplicate Picture

A second or further copy of an image file that exists within a dataset or storage location, often requiring management or removal to optimize space.

Rotate Button

A graphical button typically found in software applications that allows the user to rotate an object or image.

Horizontal Picture

A picture or image oriented in a landscape format, where the width is greater than the height.