Examlex
Which of the following has the highest order of precedence in arithmetic expressions?
Bearer Instrument
A negotiable financial instrument that designates payment to whoever holds or bears the instrument at the time of payment, with no need to prove ownership.
Bearer Instrument
A type of negotiable instrument (such as a bond or check) that is payable to whomever has possession of the instrument, making them the owner.
Order Instrument
A financial document that is payable to a specific person or entity and can be transferred by endorsement or delivery.
Traveler's Check
A preprinted, fixed-amount check designed to allow the person signing it to make an unconditional payment to someone else as a result of having paid the issuer for that privilege.
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