The Assignment of a Promissory Note from One Payee to Another

question 67

True/False

The assignment of a promissory note from one payee to another changes the maker's obligation to pay the note as promised.

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Definitions:

Former Prime Minister

A person who previously held the office of prime minister in a government.

U.S. President's Spouse

The wife or husband of the President of the United States, who may perform various ceremonial roles and engage in social activism.

Activist

An individual who takes deliberate action to bring about social, political, economic, or environmental change.

Tokenism

The practice of making only a perfunctory or symbolic effort to do a particular thing, especially by recruiting a small number of people from underrepresented groups in order to give the appearance of equality within a workforce.