The Code Determines Negotiability at ________,So That Indorsements Do Not

question 77

Multiple Choice

The Code determines negotiability at ________,so that indorsements do not affect the underlying negotiability of the instrument.

• A)precompliance
• B)abeyance
• C)issuance
• D)disaffirmance

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Definitions:

Collective Unconscious

A concept in Jungian psychology referring to a part of the unconscious mind which is shared among beings of the same species and contains universal experiences.

Personal Unconscious

A Jungian concept referring to all information and experiences unique to an individual that are repressed or forgotten.

Libido

A term often used in psychology to denote the energy of the sexual drive as a component of the life instinct.

Ego

A part of the mind that mediates between the conscious and the unconscious and is responsible for reality testing and personal identity.