Which of the Following Is an Instrument Payable to a Specific,named

question 62

Multiple Choice

Which of the following is an instrument payable to a specific,named payee?

• A) A bearer instrument.
• B) A delivery instrument.
• C) An order instrument.
• D) A transfer instrument.
• E) An acknowledgement instrument.

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Definitions:

Implementation

The process of putting a decision or plan into effect; execution.

Objectives

Specific, measurable, achievable, relevant, and time-bound goals set by an organization or individual to guide actions and measure performance.

Planning

The process of setting goals, defining strategies for achieving those goals, and developing plans to integrate and coordinate activities.

Coordination

The process of organizing people or groups so that they work together properly and well, essential for achieving goals and efficiently managing resources.