Kevin,the Owner of Livestock Ranch Corporation,signs an Instrument That Includes

question 41

Multiple Choice

Kevin,the owner of Livestock Ranch Corporation,signs an instrument that includes the phrase "payment for this note will be made from the pro?ceeds of next year's stock sale." This instrument is

• A)negotiable.
• B)nonnegotiable,because payment can be made only out of a particular source.
• C)nonnegotiable,because it states an express condition to payment.
• D)nonnegotiable,because the reasons for the note are not clear on its face.

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Definitions:

Schizophrenia

A severe mental disorder characterized by distortions in thinking, perception, emotions, and behavior, often manifesting as hallucinations and delusions.

Obsessive-Compulsive Disorder (OCD)

A mental health disorder characterized by persistent unwanted thoughts (obsessions) and repetitive behaviors or mental acts (compulsions).

Brain Abnormality

Any deviation from the normal structure or function of the brain that can lead to neurological or psychological disorders.

Genetics

The study of heredity and the variation of inherited characteristics.