Which of the Following Is True of the Negotiability of a Written

question 14

Multiple Choice

Which of the following is true of the negotiability of a written instrument?

• A) The Uniform Commercial Code considers only instruments that are handwritten as negotiable.
• B) An instrument written on a piece of wrapping paper will be considered a poor business practice and will not be negotiable.
• C) The writing of an instrument does not have to be on any particular material; all that is required is that it be in writing to be negotiable.
• D) An instrument written in pencil does not qualify as a negotiable instrument.

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Definitions:

Innate Reactions

Automatic, natural responses to stimuli that organisms are born with, which do not require learning.

Certain Stimuli

Specific environmental or internal triggers that evoke a physiological or psychological response.

Interplay

The way in which two or more things have an effect on each other.

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.