A Party Who Receives a Negotiable Instrument as A(n) ________

question 83

Multiple Choice

A party who receives a negotiable instrument as a(n) ________ or through mistake will be a holder instead of a holder in due course.

• A) gift
• B) value instrument
• C) endorsed instrument
• D) defective instrument
• E) bearer instrument

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Definitions:

Parts Per Drawing

The quantity of components or parts depicted within a single drawing, indicating the number of pieces to be fabricated or assembled.

Detail Drawings

Technical drawings providing comprehensive details necessary for the manufacture or description of an item.

Individual Parts

Separate components that, when assembled, make up a complex machine or device, each part typically has its own specific function within the assembly.

Separate Sheets

Distinct documents or drawings individually detailing parts of a larger project or scheme.