If an Instrument Satisfies the Formal Requirements of Writing,signature,unconditional Order

question 49

Multiple Choice

If an instrument satisfies the formal requirements of writing,signature,unconditional order to pay,and pay ability on demand:

• A)it is negotiable even though it is void or unenforceable for other reasons.
• B)it cannot be held by a holder in due course.
• C)validity of the instrument is automatically conferred.
• D)it is not negotiable if it is uncollectible for other reasons.

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Definitions:

Networking

Making contacts with relatives, friends, and acquaintances who may have information about how to find a job in your field.

Résumé

A document summarizing an individual's career history, skills, education, and accomplishments, typically used when applying for jobs.

Encrypted

Refers to data that has been coded or converted into a format that can only be read or accessed by authorized parties, often to protect sensitive information.

E-mail

A method of sending messages and files over a computer network.