Ollie Negotiates an Order Instrument to Phil by

question 14

Multiple Choice

Ollie negotiates an order instrument to Phil by

• A)assignment of its rights under a contract.
• B)delivery with any necessary indorsement.
• C)making an unconditional promise to pay.
• D)presenting it in response to a demand by B.

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Definitions:

Genetic Structure

The arrangement or organization of genes within a genome, influencing the transmission of genetic information.

Agent

A substance or individual that produces or is capable of producing an effect.

Latin

An ancient language of Rome and its empire, widely used historically as a language of scholarship and administration.

Crab

A crustacean with a broad carapace, stalked eyes, and five pairs of legs, the first pair being modified as pincers.