Under a Contract, an Assignment of Negotiable Instruments

question 13

Multiple Choice

Under a contract, an assignment of negotiable instruments

• A)cannot be prohibited.
• B)can be prohibited only by an anti-assignment clause.
• C)can be prohibited only by the obligor.
• D)is prohibited under any circumstances.

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Definitions:

Antifederalists

Opponents of the ratification of the U.S. Constitution, who favored a weaker central government.

Bill of Rights

The Bill of Rights is the first ten amendments to the United States Constitution, guaranteeing fundamental civil rights and freedoms.

National Government

The organization responsible for the governance of a nation, typically consisting of legislative, executive, and judicial branches, and tasked with regulating and administering national policies and affairs.

Brutus

Brutus was a pseudonym used by one of the Anti-Federalists during the American founding period who wrote essays critical of the proposed U.S. Constitution, arguing for stronger protections for states' rights and individual freedoms.