Which Statement Is False

question 112

Multiple Choice

Which statement is false?

• A)Most poor women who get pregnant do so to get on welfare.
• B)Most long-term poor people are black.
• C)The causes of black poverty are not always the same as those of white poverty.
• D)None of the statements are false.

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Definitions:

Drawee

The party in a financial transaction who is directed to pay a certain sum, typically the bank on which a check is drawn.

Negotiable

Capable of being transferred or converted into goods, services, or money under terms agreeable to the involved parties.

Payable To Order

A clause on a financial document that specifies who can receive the payment, allowing the initial payee to endorse it over to another party.

Payable To Bearer

Payable to bearer describes a financial instrument, such as a check or bond, that is payable to the holder or presenter of the document, rather than a specific individual.