If a Negotiable Instrument Is ____, the Transferee Takes the Instrument

question 224

Multiple Choice

If a negotiable instrument is ____, the transferee takes the instrument free of any of the transferor's contract obligations.

• A) transferred by assignment
• B) delegated
• C) transferred by court
• D) assigned
• E) none of the other choices are correct

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Definitions:

Legal Evidence

Information or material presented in court to prove or disprove alleged facts in a case.

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Integrated assemblies of hardware, software, and peripherals that are designed to process, manage, and communicate data.

Automated Programs

Software applications that perform tasks or processes without human intervention, often used to streamline repetitive tasks.

Retweet

The action of sharing another user's tweet on the Twitter platform, effectively redistributing it to one's own followers.