A Fact May Be

question 30

Multiple Choice

A fact may be:

• A)A thing
• B)An action
• C)An event
• D)A circumstance
• E)All of the above
• F)Answers a,b,and c above
• G)Answers b,c,and d above

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Definitions:

Claims in Recoupment

Legal claims made to offset or reduce the asserted losses due to the defendant's breach of a contract.

Revised Article 3

An update to the Uniform Commercial Code that governs negotiable instruments such as checks and drafts, intended to modernize and address changes in technology and practice.

Real Defenses

Legal defenses that can be used to invalidate a negotiable instrument, such as forgery, fraud, duress, or incapacity.

Specified

Clearly stated or identified in a particular context or document.