According to common law, which of the following is true of payment in a negotiable instrument?
A. It has to be paid in the currency of the country in which it was issued.
B. It cannot be made in installments.
C. It should be ascertainable from the instrument itself.
D. It can be paid in a nonmonetary mode of payment.
C
Business
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To be valid, a listing agreement may be signed by:
A. an attorney in fact B. the buyer C. the designated broker only, with the owner's authorization via telephone D. the licensee only
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An investment banker's fees are part of the ________ realized for issuing new debt or equity
A) flotation costs B) opportunity costs C) revenues D) benefits
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