Which of the Following Is Not True

question 55

Multiple Choice

Which of the following is not true?

• A) To have the full benefit of negotiability,negotiable instruments not only must meet the requirements of negotiability but also must be acquired by a holder in due course.
• B) A transferee of a negotiable instrument can acquire rights no greater than those of the transferor.
• C) A holder in due course takes a negotiable instrument free of most of the defenses to which an assignee would be subject.
• D) The number of checks written each year has decreased in recent years.

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Definitions:

Coordinate

A set of values that show an exact position on a grid system or map, usually defined by x and y (or longitude and latitude) values.

Services

In computing, services refer to functions or applications that are made available to users or other applications over the network.

Specific Tasks

Particular or defined activities or jobs assigned to a person or a system to accomplish.

E-Mail

Electronic Mail, a method of exchanging messages between people using electronic devices.