Question: without explanation (ASAP) 1-Negotiable instruments and monetary papers (such as shares and bonds) are the same. * True False 2-The retailer and peddlers are classified
without explanation (ASAP)
1-Negotiable instruments and monetary papers (such as shares and bonds) are the same. * True False 2-The retailer and peddlers are classified as small merchants. * False True 3-The beneficiary is the one who makes the commercial paper. * True False 4-Payment at sight means payment upon presentation. * False True 5-Issuing a cheque without a provision is stated by law as a crime. * False True 6-A cheque is considered as a credit and debit instrument. * False True 7-If the place where the cheque is made is not mentioned, then it is deemed to have been made at the drawers domicile. * True False 8-Businessmen have the right to choose any commercial register to register in. * True False 9-Exclusivity clause gives the commercial representative the right to be the sole distributor of a product. * False True 10-Dani opened a restaurant in May 2019. He can conclude in May 2021 a free management contract with Rami for two years. * True False 11-Commercial books must be retained by national commercial companies and businessmen. Foreign companies are exempt from this duty. * False True 12-Only law determines the brokerage fee of a commercial representative. * False True
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