Which of the Following Statements Is True of a Negotiable

question 74

Multiple Choice

Which of the following statements is true of a negotiable instrument?

• A) It should be signed by the payee.
• B) It need not state a fixed amount of money.
• C) It should not require any undertaking other than the payment of money.
• D) It can be either written or oral.

---

Definitions:

Contingency Approach

A management theory suggesting that the most effective decisions are made based on the specific circumstances of a situation rather than a one-size-fits-all method.

Attitudinal Leadership

A leadership approach that emphasizes the importance of leaders' attitudes, beliefs, and values in influencing their behavior and, subsequently, the performance of their followers.

Organizational Objectives

Specific goals set by a business or organization that guide its operations towards achieving its overarching mission.

Post World War II

The period following the end of the Second World War in 1945, characterized by political, social, and economic reconstruction and the emergence of the Cold War.