The Negotiation of an Instrument Made in Breach of Duty

question 23

Multiple Choice

The negotiation of an instrument made in breach of duty is subject to ________ before the instrument has been negotiated to a transferee who can qualify as a holder in due course.

• A)rescission
• B)remission
• C)restitution
• D)reformation

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Definitions:

Gross Motor Skills

Abilities that involve the control of large muscles of the body, such as those used for walking, jumping, and maintaining balance.

Broad Jumps

A track and field event where the athlete jumps as far as possible from a standing position.

Psychosocial Developmental

The process of psychological and social growth that occurs over a person's lifetime, influenced by individual, social, and cultural factors.

Delay Gratification

The ability to resist the temptation for an immediate reward and wait for a later reward.