If an Instrument Is Silent as to the Time of Payment,which

question 8

Multiple Choice

If an instrument is silent as to the time of payment,which of the following is assumed by the UCC?

• A) That it is a demand instrument
• B) That it is a time instrument
• C) That it is a void instrument
• D) That it is a voidable instrument
• E) That it is a nonnegotiable instrument

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Definitions:

Confidence Interval

A span of numerical values, obtained from sampled data, which is expected to encompass the value of a parameter yet to be known from a population.

Population Mean Score

The average score or value of a specific variable for the entire population of interest.

SAT

A standardized test widely used for college admissions in the United States, assessing mathematical, reading, and writing skills.

Confidence Interval

A range of values, derived from the statistics of the observed data, that is likely to contain the value of an unknown population parameter.