What Is 'Negotiability

question 35

Multiple Choice

What is 'negotiability'?

• A)The name for the principle that means that 'no one gives what one does not have'.
• B)A name that describes the fact that something can be transferred and the transferee will obtain good title even if the transferee did not have good title.
• C)The name that describes the bargaining room that exists in terms of the type of payment one can make for goods or services.
• D)The quality currency has when it cannot be legally refused in payment of a debt.

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Definitions:

Incompetent

Lacking the necessary skills, qualities, or abilities to perform a specified duty or task effectively.

Foucha V. Louisiana

A landmark U.S. Supreme Court case from 1992 involving the indefinite commitment of a mentally ill individual without the requirement of continuing evidence of mental illness.

Institutionalized

Refers to the adaptation or adjustment of individuals to the norms and rules of an institution, potentially leading to dependency or difficulty in functioning outside of it.

Hospitalized Offenders

Individuals who have committed crimes and are undergoing treatment or are confined in a medical institution instead of a traditional correctional facility.