Which of the Following Statements Will Cause an Instrument to Be

question 62

Multiple Choice

Which of the following statements will cause an instrument to be nonnegotiable?

• A)"Payment is subject to the terms of a mortgage dated August 30,2005."
• B)"Payment is secured by a mortgage dated August 30,2005."
• C)"Payment is in consideration of two months' rent."
• D)"Payment to be made 30 days after date,for a note dated August 30,2005."

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Definitions:

Self-discrepancy Theory

A theory suggesting that psychological distress and emotional discomfort arise from discrepancies between one's actual self, ideal self, and ought self.

Self-discrepancies

Refers to the differences between individuals' perceptions of their actual self and their ideal or ought selves, which can influence their emotional state and self-esteem.

Declarative Selves

Aspects of an individual's self-concept that are consciously acknowledged and can be verbally communicated to others.

Procedural Selves

Conceptual frameworks relating to the aspect of self that is concerned with the processes of self-regulation and goal achievement.