A Traveler's Check That Requires, as a Condition to Payment

question 42

Multiple Choice

A traveler's check that requires, as a condition to payment, the countersignature of a person whose specimen signature appears on the draft is:

• A) negotiable.
• B) not negotiable.
• C) negotiable only if it is payable "to cash."
• D) not negotiable only if it is payable "at sight."

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Definitions:

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A scientist who specializes in studying the biological underpinnings of behavior and mental processes, often examining the brain and nervous system.

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A measure of the amount of minerals (such as calcium) contained in a certain volume of bone, reflecting its strength and health.

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