Examlex
Which of the following statements about lithium salt is FALSE?
Nonnegotiable
Pertaining to something that cannot be transferred or assigned from one party to another, such as a nonnegotiable instrument or document.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
Loan
A sum of money that is borrowed and is expected to be paid back with interest.
Prime Rate
The interest rate that commercial banks charge their most creditworthy customers, often used as a benchmark in lending rates.
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