A protest is a 'formal _____________ made by a person in interest or concerned in some act about to be done, whereby the person expresses the person's dissent to ______________, or affirms the act against the person's will.

• A. petition; approval
• B. declaration; disapproval
• C. decree; consent
• D. statement; endorsement

Answer: (B)

A protest is a formal declaration made by someone with an interest in an act about to be done, used to express dissent to what is about to happen or to affirm the act despite the person’s will. The word that fits best is declaration because it underscores an official, formal statement. The second blank is disapproval, since a protest conveys opposition rather than agreement. Other terms don’t fit because they imply requesting action (petition), issuing an authoritative order (decree), or a generic remark without the formal, oppositional nuance of a protest (statement). In negotiable-instrument practice, this formal declaration helps preserve rights when an instrument is about to be acted upon and the holder or interested party objects.