Mort Negotiates an Instrument to Nell

question 54

Multiple Choice

Mort negotiates an instrument to Nell. This is the transfer of an instrument

• A) for valuable consideration under a contract.
• B) in such form that the transferee becomes a holder.
• C) pursuant to preliminary contract discussions.
• D) without the payment of a recognized medium of exchange.

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Definitions:

Synovial Joints

A type of joint that is surrounded by a flexible sac filled with lubricating synovial fluid, allowing for smooth movement between the bones.

Fibrous Joints

Joints that are connected by dense connective tissue, consisting largely of collagen. These joints are immovable or only slightly movable, such as sutures in the skull.

Cartilaginous Joints

Joints where the bones are attached via cartilage, allowing for limited movement.

Joint Capsule

A fibrous sac that encloses a joint, containing synovial fluid which lubricates the joint to reduce friction.