Which of the Following Statements Is True of Signing a Negotiable

question 38

Multiple Choice

Which of the following statements is true of signing a negotiable instrument?

• A) An instrument in the form of a note must be signed by the payee who accepts the promise of the issuer.
• B) An instrument in the form of a draft must be signed by the person giving the instruction to pay.
• C) An instrument is not considered to be negotiable when the maker signs by writing his name on it.
• D) A person or company cannot authorize an agent to sign instruments for it.

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Definitions:

Goal Setting

The process of identifying specific, measurable, and time-targeted objectives to be achieved.

Specific, High

This term lacks context but in goal-setting theory, "specific, high" goals refer to well-defined and challenging objectives that enhance motivation and performance.

Team Goal Setting

The process of defining and agreeing on objectives within a team to focus efforts and foster unity in pursuit of common aims.

Individual Goal Setting

The process of establishing specific, measurable, achievable, relevant, and time-bound (SMART) objectives for oneself to achieve personal or professional success.