Tyrone Draws a Check Payable to "Cash" and Presents It

question 31

Multiple Choice

Tyrone draws a check payable to "Cash" and presents it to Urban Bank for payment.This instrument is

• A)a bearer instrument.
• B)an order instrument.
• C)valid but nonnegotiable.
• D)void.

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Definitions:

Staff Training Centre

A facility dedicated to the development and enhancement of employees' skills and knowledge, aiming at improving performance and productivity.

CPR

Cardio-Pulmonary Resuscitation, a lifesaving technique aimed at reviving someone who has stopped breathing or whose heart has ceased to function.

Efficiency

The ratio of useful output to total input, measuring how effectively resources are utilized.

Process Time

The time required to complete a particular process, often including the steps of production or task execution.