The text presents a multiple-choice question related to financial instruments. The question and options are as follows:**Question:**Drafts and notes are examples of which of the following:**Options:**- Promissory notes- Certificates of deposits- Negotiable instruments- Unconditional promiseThe question is asking to identify the category to which drafts and notes belong, based on the provided choices. **Anticipatory Repudiation**Anticipatory repudiation is a contractual duty by one party to a contract before performance is due when the other party to the contract makes clear statements of conducts himself in such a way as to indicate that he will not be performing under the contract.**Question:**- True- FalseThis information might be part of a quiz or educational content discussing contract law concepts, specifically addressing anticipatory repudiation, which is an important aspect of understanding contractual obligations and breaches.

draft and notes- negotiable instrument promissory notes - it is a financial instrument with a…

Answered: Drafts and notes are examples of which…

Drafts and notes are examples of which of the following: O Promissory notes O Certificates of deposits O Negotiable instruments O Unconditional promise

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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