Which of the Following Instruments Would Classify as a Negotiable

question 67

Multiple Choice

Which of the following instruments would classify as a negotiable instrument?

• A)A blank check.
• B)A check that states,"Pay to the order of John Green."
• C)A $100 bill.
• D)A check payable to "X."
• E)A check payable to "cash."

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Definitions:

Ford Motor

An American multinational automaker that has its main headquarters in Dearborn, Michigan, known for pioneering large-scale manufacturing of cars.

Monopolistic Competition

A market structure characterized by the presence of many firms that sell similar but not identical products, allowing for slight differentiation among products.

Legal Assistance

Professional legal support and services provided to individuals or organizations, often to help navigate legal issues or disputes.

Homogeneous Oligopoly

An oligopoly in which firms produce a standardized product.