A Negotiation Obtained by Duress,mistake,or Fraud Is Ineffective to Transfer

question 80

True/False

A negotiation obtained by duress,mistake,or fraud is ineffective to transfer the instrument.

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Definitions:

Corporate Information System

is an integrated set of computational and communication components designed to manage, process, and store information for corporate entities.

Breach of Contract

The failure to perform as stated in a contract without a legal excuse, leading to a violation of the agreement.

Principal Place

Typically refers to the main location or headquarters where a business operates or where its central operations are conducted.

Internet

A global network of interconnected computers and servers that enables the sharing of information and communication across vast distances.