Which of the Following Is NOT a Condition That Would

question 62

Multiple Choice

Which of the following is NOT a condition that would render a negotiable instrument defective?

• A)The instrument is overdue.
• B)The instrument has been transferred more than once.
• C)The instrument has been dishonored.
• D)The instrument has been altered.

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Definitions:

New Computer System

A recently introduced or updated configuration of hardware and software designed to perform a series of tasks or solve specific problems.

Office Workers

Individuals employed in a professional or clerical capacity within an office environment, typically performing tasks related to the administration and management of a business.

Economic Sectors

Divisions within an economy segregating different types of economic activities, such as agriculture, industry, and services.

Primary Sector

The sector of an economy focused on the extraction and collection of natural resources, such as agriculture, mining, and forestry.