A promissory note, bill of exchange, or check payable to order or to bearer are all considered "negotiable instruments."
<h3>What is a negotiable instrument?</h3>
A negotiable instrument is a piece of paper that guarantees the payment of a certain sum of money, either immediately upon demand or at a predetermined period, and whose payer is typically identified. The ability to transact business and be guaranteed that you will be paid for services or goods without actually moving any cash makes negotiating instruments essential to our economy. For instance, a company can mail a check for payment as an alternative to sending a sizable sum of cash. In an effort to make credit instruments transferable, documentation indicating that someone was in debt were used to create the negotiable instrument, which is simply a document enshrining a claim to payment of money and which may be transferred from one person to another.
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This doesn't occur before the formal operational stage.
According to Jean Piaget, a Swiss psychologist, every person goes through 4 developmental stages:
- sensorimotor : birth - 24 months
- preoperational: 24 months - age 7
- concrete operational: 7 - 14
- formal operational: adolescence - adulthood
Only when we reach the final stage of development can we put ourselves in somebody else's shoes and see things from their perspective, according to Piaget.
Answer:
<u>Because of the nature of the items</u>
Explanation:
It seems <em>illogical </em>to conclude that the government would able to accurately track down deadly meat out of a pool of several tons of processed meat.
However, to determine defective toys or other non-meat products from stores would require little technical issues, whereas to examine meatpacking companies may require gathering expert dieticians to determine what meat should be categorized as "deadly meat", etc.