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Three-Year-Old Ally Throws a Block at Her Sister, Who Starts

question 75

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Three-year-old Ally throws a block at her sister, who starts to cry. Her mother says, "Your sister is crying because you hurt her." Ally's mother is using __________ as a form of discipline.

Comprehend the legal implications of becoming a holder in due course.
Grasp the significance and application of UCC revisions on negotiable instruments.
Understand the distinction between negotiable instruments and non-negotiable documents.
Know the conditions under which an instrument can lose its negotiability.

Definitions:

Ratification

The action of officially approving or confirming an agreement or act, making it valid.

Apparent Authority

Authority as suggested to a third party by the conduct of a principal; may exist even when there is no actual authority.

Real Estate Salesman

A professional licensed to negotiate and arrange real estate sales; works under a broker's supervision.

Computer Programmer

A professional who writes and tests code that allows computer applications and software programs to function.

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