The Particular Fund Doctrine Is

question 7

Multiple Choice

The particular fund doctrine is:

• A)merely an instruction to pay the instrument.
• B)an undertaking to pay, which must be more than acknowledgment of an existing debt.
• C)more important under Revised Article 3 than under the prior Article 3.
• D)an order or promise to pay only out of a particular fund.

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Definitions:

Coverslip

A thin piece of glass or plastic used to cover specimens on a microscope slide, protecting the sample and lens.

Eyepiece

The lens or group of lenses at the viewing end of a telescope or microscope, through which the observer looks to see the magnified image.

Magnification

The process of enlarging the appearance of an object, typically using lenses or microscopes.

Parfocal Microscope

A microscope designed such that once an object is in focus at one magnification, it remains in focus when the magnification is changed.