The Japanese Commercial Code does not recognize ________ but recognizes the legal concept of ________.
A) checks and bonds, shoken yuka
B) negotiable instruments, yuka shoken
C) commercial papers, securities equities
D) negotiable instruments, equitable securities
E) investment securities, yuka shoken

Question

Quizplus · Accepted Answer

The Japanese Commercial Code recognizes the legal concept of "yuka shoken," which translates to "negotiable instruments" in English, rather than "shoken yuka" or any other options provided.

The Japanese Commercial Code Does Not Recognize ________ but Recognizes