The Requirement That,to Be Negotiable,an Instrument Must Promise or Order

question 24

Multiple Choice

The requirement that,to be negotiable,an instrument must promise or order payment of a fixed amount of money applies:

• A)only to principal.
• B)only to interest.
• C)to both principal and interest together.
• D)neither to principal nor interest.

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Definitions:

Indigestible Seed Coats

The outer layers of seeds that cannot be broken down by the digestive system of certain animals, aiding in the dispersion of seeds.

Drupe

A simple, fleshy fruit in which the inner wall of the fruit is a hard stone (e.g., peach, cherry).

Berry

A simple, fleshy fruit in which the fruit wall is soft throughout (e.g., tomato, banana, grape).

Intramuscular Administration

The injection of a medication directly into a muscle, allowing the drug to be absorbed into the bloodstream quickly.