Bagels N' Coffee Café Issues an Instrument in Favor of Eatery

question 38

Multiple Choice

Bagels n' Coffee Café issues an instrument in favor of Eatery Supplies,Inc.For the instrument to be negotiable,it must

• A)be a conditional promise or order to pay.
• B)be payable on demand or at a specific time.
• C)be signed by the payee.
• D)recite the consideration given in exchange for it.

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Definitions:

Binary Construction

The division of concepts, values, or identities into two mutually exclusive categories.

Bipartisan

Involving the agreement or cooperation of two political parties that usually oppose each other's policies.

Mutual Exclusive Categories

Classification principle where each data point or subject can belong to only one category, with no overlap between categories.

Transgendered

Referring to individuals whose gender identity or gender expression differs from the sex they were assigned at birth.