Which of the Following Is True About an Assignment

question 65

Multiple Choice

Which of the following is true about an assignment?

• A)It is considered as a negotiation under Article 3 of the UCC.
• B)The transferee is known as a holder in due course.
• C)Defenses against the transferor can be raised against the transferee.
• D)Only negotiable instruments can become assignments.

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Definitions:

Team Cohesiveness

The extent to which team members stick together and remain united in the pursuit of a common goal.

Norms

social rules or standards that govern behavior within a group or society, indicating what is considered acceptable or unacceptable.

Robotics Project

An engineering or research initiative focused on designing, building, or studying robots and their applications.

Development Stage

A phase in the growth or progress of entities (such as companies, projects, or individuals) characterized by specific milestones or accomplishments.