Charlotte Looks Up a Phone Number on the Internet and Says

question 132

Multiple Choice

Charlotte looks up a phone number on the Internet and says the number three times to herself.As she reaches for her phone to dial the number,she is distracted by noise coming from outside her office.When the noise ceases after about 30 seconds,she picks up the phone but finds that she cannot remember the number.This is due to the limits of _____ memory.

• A)short-term
• B)long-term
• C)sensory
• D)iconic

Understand the definition and characteristics of negotiable instruments as per the Uniform Commercial Code (UCC).

Identify the difference between order instruments and bearer instruments.

Understand the requirements for an instrument to be considered negotiable under the UCC.

Recognize the distinction between demand instruments and time instruments and their implications.