Fraud in Factum

question 24

Multiple Choice

Fraud in factum:

• A) occurs when a person is persuaded to execute an instrument because of fraudulent statements.
• B) occurs when a person signs an instrument as a result of being fraudulently deceived regarding essential terms.
• C) is not a universal defense.
• D) cannot be raised against a holder in due course.

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Definitions:

Unconditional Positive Regard

A concept in client-centered therapy proposing absolute acceptance and support of a person regardless of what they say or do.

Factor Analysis

A statistical method used to identify underlying variables, or factors, that explain the pattern of correlations among observed variables.

Personality Trait

Relatively stable and enduring patterns of thought, feeling, and behavior that characterize an individual's responses across a variety of situations.

Growth-Promoting Climate

An environment characterized by support, understanding, and encouragement, fostering personal development and growth.