The Code Provides That Which of the Following Provisions May

question 33

Multiple Choice

The Code provides that which of the following provisions may be included in an instrument without adversely affecting negotiability?

• A) A power to give collateral to secure payment
• B) Authorization to confess judgment on the instrument
• C) Waiver of the benefit of any law intended for the protection of the obligor
• D) All of these

---

Definitions:

Perceptual Error

A cognitive mistake that occurs when interpreting information about the environment, often leading to inaccuracies in judgment or understanding.

Supervisor

An individual in a position of authority who oversees and directs the work of other employees to ensure organizational goals are met.

Beauty Effect

A social phenomenon where individuals perceived as attractive are often given preferential treatment or are judged more favorably.

Rating Error

Mistakes or biases that can occur during the evaluation of employee performance, affecting the fairness and accuracy of appraisals.