Which of the Following Is Not Required for an Instrument

question 47

Multiple Choice

Which of the following is not required for an instrument to be considered negotiable?

• A)The instrument must contain an unconditional promise to pay.
• B)The instrument must be signed by the maker or drawer.
• C)The instrument must be payable at any indefinite future time.
• D)The instrument must promise to pay a fixed amount of currency.
• E)The instrument must promise to pay.

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Definitions:

Market Segments

The process of dividing a target market into smaller, more defined categories based on characteristics like demographics, needs, priorities, common interests, or other psychographic or behavioral criteria.

Responsive

This term often refers to technology or design that automatically adjusts to the device it's viewed on, ensuring an optimal user experience.

Profitable

The state of yielding financial gain or benefit, where the income generated from business activities exceeds the expenses, costs, and taxes involved in sustaining the activity.

Personal Care Products

Consumer products used for personal hygiene and for beautification, such as cosmetics, soaps, lotions, and dental care items.