An instrument is a writing that demonstrates ________.
A) security interest in collateral
B) a right to payment of money
C) a right to secure collateral
D) an authorization
E) a notarization

Question

Quizplus · Accepted Answer

An instrument, in a legal and financial context, typically refers to a formal document that represents a right to payment of money, such as a check, promissory note, or bond.

An Instrument Is a Writing That Demonstrates ________