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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These are several things that create value for the money:
- Durability
It should be made with materials that could sustain themselves for a long period of time.
- Identifiability
Money should be easily recognized by the people who use it
- Portable
Money should be in a size and shape that are easy to be carried around by people.
- Usefulness
Money should have trading powers that people could use to obtain another goods or services.
Answer
citizens' needs are met and protected
Explanation
A free enterprise system, government is an economic system where the government places very few restrictions when it comes to business activities. or when it comes to the matter of business ownership which its citizens participate.Thus the government plays a limited but important role which allows individuals to make most of the economic decisions. The government makes rules to address public problems through policy to ensure that citizens' needs are met and protected
Answer:
No
Explanation:
Because Britain thought they were doing the right thing
