Which of the Following Is True Regarding the Concept of Negotiable

question 78

Multiple Choice

Which of the following is true regarding the concept of negotiable instruments in Japan?

• A)The Japanese Commercial Code recognizes the term negotiable instruments.
• B)Japanese law does not regulate investment securities.
• C)The law governing securities in Japan is technical with little ambiguity or arbitrary application.
• D)The Japanese have a single legislative act governing both commercial paper and investment securities.
• E)The Japanese recognize the legal concept of yuka shoken,which means "valuable securities."

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