Under the UCC,all of the Following Have the Right to Enforce

question 36

Multiple Choice

Under the UCC,all of the following have the right to enforce payment of an instrument EXCEPT

• A)a holder of the instrument.
• B)anyone to whom the shelter rule applies.
• C)a holder who has lost the instrument.
• D)a holder who intentionally destroys the instrument..

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Definitions:

Fallacy

An erroneous argument or reasoning that results in a false or misleading conclusion.

Logic

The systematic study of the form of arguments; a branch of philosophy dealing with the principles of reasoning and argumentation.

Appeal To Majority

A fallacy in reasoning that argues that a proposition must be true because many or most people believe it.

Fallacy

A flaw in reasoning or a mistaken belief based on unsound argumentation.