Revised Article 3 Eliminates the Particular Fund Doctrine by Providing

question 20

True/False

Revised Article 3 eliminates the particular fund doctrine by providing that a promise or order is not made conditional because payment is to be made only out of a particular fund.

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Definitions:

Tangible Rewards

Physical or material rewards given for achieving certain goals or accomplishments.

Concrete Details

Specific, clear, and tangible descriptions or facts that support or illustrate a broader concept or argument.

Persuasive Message

A form of communication designed to influence the attitudes, beliefs, or behaviors of others through reasoned arguments and emotional appeals.

Benefit

A benefit or gain obtained from something.