13 - Which of the following statements is false? A) The circulation characteristic of negotiable documents is because it contains a right expressing monetary value. B) The right that is the subject of valuable documents sometimes arises with a bill, and sometimes it exists before the deed. C) The right in the negotiable document is a right regarding public law. D) In order for the right to be claimed in the negotiable documents, the possession on the bill must be transferred for the presentation and transfer of the bill to the debtor. E) Circulation is not an element of negotiable documents but an important feature.
13 - Which of the following statements is false? A) The circulation characteristic of negotiable documents is because it contains a right expressing monetary value. B) The right that is the subject of valuable documents sometimes arises with a bill, and sometimes it exists before the deed. C) The right in the negotiable document is a right regarding public law. D) In order for the right to be claimed in the negotiable documents, the possession on the bill must be transferred for the presentation and transfer of the bill to the debtor. E) Circulation is not an element of negotiable documents but an important feature.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
Related questions
Question
13 - Which of the following statements is false?
A) The circulation characteristic of negotiable documents is because it contains a right expressing monetary value.
B) The right that is the subject of valuable documents sometimes arises with a bill, and sometimes it exists before the deed.
C) The right in the negotiable document is a right regarding public law.
D) In order for the right to be claimed in the negotiable documents, the possession on the bill must be transferred for the presentation and transfer of the bill to the debtor.
E) Circulation is not an element of negotiable documents but an important feature.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
This is a popular solution!
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, economics and related others by exploring similar questions and additional content below.Recommended textbooks for you
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (12th Edition)
Economics
ISBN:
9780134078779
Author:
Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:
PEARSON
Engineering Economy (17th Edition)
Economics
ISBN:
9780134870069
Author:
William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:
PEARSON
Principles of Economics (MindTap Course List)
Economics
ISBN:
9781305585126
Author:
N. Gregory Mankiw
Publisher:
Cengage Learning
Managerial Economics: A Problem Solving Approach
Economics
ISBN:
9781337106665
Author:
Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:
Cengage Learning
Managerial Economics & Business Strategy (Mcgraw-…
Economics
ISBN:
9781259290619
Author:
Michael Baye, Jeff Prince
Publisher:
McGraw-Hill Education