Which of the Following Are Not Negotiable Instruments

question 20

Multiple Choice

Which of the following are not negotiable instruments?

• A) Cheques.
• B) Certified cheques.
• C) A cheque made payable to "Mickey Mouse."
• D) A promissory note.
• E) A bill of sale.

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Definitions:

Manufacturers

Companies or entities that make goods through a process involving raw materials, components, or assemblies, usually on a large scale.

Organizational Buyers

Entities such as companies, governments, and institutions that purchase goods or services for purposes other than personal consumption, often involving more complex processes and larger transactions than individual consumers.

Manufacturers

Companies or individuals that produce finished goods from raw materials through the use of various processes.

Government Agencies

Organizations established by a government to implement policy, enforce laws, and oversee specific areas of public administration.