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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Answer:
Socratic Method
Explanation:
According to my research on different methods of critical thinking, I can say that based on the information provided within the question the professor is using the Socratic Method. This method focuses itself on a form of cooperative argument between two individuals, in which one asks and the other answers, and vice versa.
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Answer:
Explanation:
Enlightenment thinkers argued that liberty was a natural human right and that reason and scientific knowledge—not the state or the church—were responsible for human progress. But Enlightenment reason also provided a rationale for slavery, based on a hierarchy of races.
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<span>Simone, a typical adolescent will most likely turn to her peers for advice on fashion. At this time of his life, Simone will start paying attention to his looks and how it would influence his social relationships and groups. </span></span>
