What Is the Tangible Token Rule

question 75

Multiple Choice

What is the tangible token rule?

• A) a rule that prevents the assignment of contract rights unless there is a tangible token of proof that the right was assigned
• B) a rule that provides that when the same contract right has been assigned to more than one assignee, the right belongs to the person in possession of the tangible token of the assignment
• C) a rule that requires the assignee of a contract right to give some tangible token of consideration in exchange for being assigned the contract right
• D) a rule that requires the assignor of a contract right to retain some tangible token of the right assigned
• E) a rule that prevents the assignment of contract rights unless a tangible token in the form of a monetary deposit has been provided

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Definitions:

Situational Factor

A variable that influences an individual's behavior or decision-making process, depending on the current situation or environment.

"Blank Slate"

The theory that individuals are born without built-in mental content, and that all knowledge comes from experience or perception.

Genetic Inheritance

The process through which genes and traits are passed down from parents to their offspring, determining various physical and sometimes behavioral characteristics.

Nature and Nurture

The debate concerning the relative contributions of genetic inheritance (nature) and environmental factors (nurture) to human development.