A Passive Process That Involves Movement of Substances from an Area

question 84

Multiple Choice

A passive process that involves movement of substances from an area of higher concentration to an area of lower concentration is called ________.

• A) osmosis
• B) pinocytosis
• C) exocytosis
• D) diffusion
• E) phagocytosis

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Definitions:

Negotiable Instruments Law

The body of law governing financial instruments that can be transferred from one party to another, such as checks or promissory notes.

Fraudulent Representations

False statements knowingly made to deceive others, often to induce them to part with money or property.

Negotiable Note

A written promise to pay a specified sum of money, which can be transferred to others.

Holder in Due Course

A legal term indicating a person who has acquired a negotiable instrument in good faith for value and without notice of any defects.