Which of the Following Is True of a Bearer Paper

question 78

Multiple Choice

Which of the following is true of a bearer paper?

• A) It will mention a specific person as payee.
• B) It will not specify a payee.
• C) It will contain the term "payable to the order of."
• D) It will contain an additional undertaking besides the payment of money.

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Definitions:

Strategic IS

Information systems that are developed in response to corporate strategy, playing a key role in enabling organizations to achieve their long-term goals.

Technical Services

Services that support the use of technology, including installation, maintenance, and troubleshooting.

MIS Department

Management Information Systems Department, responsible for overseeing the technology infrastructure and systems that support business operations.

Infrastructure Planning

The process of strategizing and designing the basic facilities, services, and installations needed for the functioning of a community or organization, including roads, water, power, and communication systems.