Negotiable instruments are payable to whoever possesses them and are known as <u>bearer</u> instruments.
A bearer instrument is a kind of fixed-profit security in which no ownership data is recorded and the safety is issued in bodily form to the client. The holder of a bearer tool is presumed to be the owner, and whoever is in possession of the physical bond is entitled to the coupon payments.
A non-cash form of money together with a cheque, invoice of exchange, promissory note, visitor's cheque, bearer bond, cash order, or postal order. Bearer Negotiable Instruments regularly include the training 'pay to the bearer'. The bearer is the man or woman in physical possession of the Bearer Negotiable Instrument.
A negotiable instrument is a signed document that guarantees a sum of charge to a targeted individual or the assignee. In different phrases, it is a formalized kind of IOU: A transferable, signed report that promises to pay the bearer a sum of money at a destiny date or on-demand.
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Explanation:
<h2>Nepali language, also called Gurkha, Gorkhali, Gurkhali, or Khaskura, member of the Pahari subgroup of the Indo-Aryan group of the Indo-Iranian division of the Indo-European languages. Nepali is spoken by more than 17 million people, mostly in Nepal and neighbouring parts of India.</h2>
Answer:
Among the options given on the question the correct answer is option C.
Most artwork does not meet criteria for patent.
Explanation: There can be several reasons behind the rejection of the patent of artwork created by Sherry.
Patent is the individual property protection law which is a bit different from the copyright law or the trade mark law.
There are two types of patent. One is utility patents and another is design patents. The design patents are the protection the design not the protection of the idea behind the design.
However if the art work is a visual painting than it does not meet the criteria of the patent. Because an artwork is not an invention which can be protected under the patent law. Basically the visual art is an idea of the artist. So ideas can not be protected under the patent law.
Therefore it is not meeting the criteria of the patents. So it might be the best possible reason for rejecting the patent application of Shelly.
It was called "the gift of the nile"
