Under Revised Article 3 of the Uniform Commercial Code, an Exception

question 19

Multiple Choice

Under revised Article 3 of the Uniform Commercial Code, an exception to the rule that an instrument payable on demand is not payable before the date of the instrument is made for:

• A) checks.
• B) promissory notes.
• C) a holder in due course.
• D) certificates of deposits.

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Definitions:

Management-By-Objectives

A management model that involves setting clear, specific objectives that are agreed upon by both management and employees, focusing on measurable results and feedback in performance assessment.

Future-Oriented

Characterized by a forward-thinking or progressive approach, focusing on innovations, long-term goals, and anticipation of future trends or needs.

Job Analysts

Professionals who study job requirements and roles to inform job descriptions, recruitment, compensation, and performance evaluations.

Performance-Related Categories

Classifications used to evaluate an individual's work performance, often determining eligibility for rewards or promotions based on specific criteria.