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:

Peritubular Capillaries

Tiny blood vessels that surround the tubules in the kidney, involved in the exchange of substances between blood and the tubular fluid.

Glomerulus

A network of capillaries located in the nephrons of the kidney that plays a crucial role in filtering blood to form urine.

Grasshoppers

Insects of the suborder Caelifera within the order Orthoptera, known for their powerful hind legs for jumping.