Which of the Following Instruments Satisfies the Requirements of Negotiability

question 54

Multiple Choice

Which of the following instruments satisfies the requirements of negotiability?

• A)An instrument that states,"payment is to be made 10 days after delivery of the goods" but fails to indicate when delivery is to be made.
• B)An instrument that states,"payment is to be made at some future time after above date."
• C)An instrument that states,"an extension for payment is allowable" but fails to state a fixed time for payment.
• D)An instrument that states,"payment shall be in the form of stock."
• E)An instrument that states,"this contract was created for the purpose of being transferred."

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Definitions:

Dietary Guidelines

Recommendations made by health professionals to guide choices in eating habits for better health and nutrition.

Daily Values

Recommended levels of intake for key nutrients, based on a daily diet, to help consumers understand nutrition labels.

Recommended Daily Allowances

Nutritional daily intake levels considered sufficient to meet the nutrient requirements of nearly all healthy individuals in a population.

Triglycerides

A type of fat found in the blood, used by the body for energy; high levels can increase the risk of heart disease.