If a Negotiable Instrument Is Payable on Demand,it Is Overdue

question 38

Multiple Choice

If a negotiable instrument is payable on demand,it is overdue:

• A) the day before the demand for payment has been made.
• B) 30 days after the demand for payment has been made.
• C) the day after demand for the payment has been made in a proper manner.
• D) the week after payment has been demanded.

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Definitions:

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Socialization Groups

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The physical surroundings or conditions in which an individual, community, or organism lives and interacts, including natural and built structures.

Social Environment

The surrounding culture, institutions, people, and relationships that influence an individual's daily life and development.