Which of the Following Is Not True

question 55

Multiple Choice

Which of the following is not true?

• A) To have the full benefit of negotiability,negotiable instruments not only must meet the requirements of negotiability but also must be acquired by a holder in due course.
• B) A transferee of a negotiable instrument can acquire rights no greater than those of the transferor.
• C) A holder in due course takes a negotiable instrument free of most of the defenses to which an assignee would be subject.
• D) The number of checks written each year has decreased in recent years.

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Definitions:

Unsprung Weight

The weight of a vehicle not supported by the suspension. Ideally, this weight is kept as low as possible because unsprung weight forces react through the suspension.

Wide-Base Aluminum Singles

Single wide base aluminum wheels designed to replace traditional dual wheel setups, offering weight savings and fuel efficiency.

Spec'd

A shorthand or slang term for "specified," referring to the detailed and particular requirements or features of a vehicle or component.

Tandem Drive Axle

A pair of drive axles found on trucks or heavy vehicles, providing additional support and power distribution for handling heavy loads or difficult driving conditions.