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Article 3 of the UCC Recognizes Three Types of Negotiable

question 69

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Article 3 of the UCC recognizes three types of negotiable instruments: notes, drafts, and checks.


Definitions:

Milligrams

A unit of mass equal to one-thousandth of a gram, commonly used in measurements for small quantities.

Caffeine

A stimulant compound found in coffee, tea, and certain other plants, which can enhance alertness and energy levels.

Energy Shot

A small, concentrated liquid drink designed to provide an instant boost of energy through the inclusion of caffeine and other energy enhancing substances.

Ounces

A unit of weight used primarily in the United States, equal to one-sixteenth of a pound or about 28.35 grams.

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