Which of the Following Is False with Respect to the Law

question 49

Multiple Choice

Which of the following is false with respect to the law of negotiable instruments?

• A) Negotiable instruments are controlled by provincial legislation.
• B) The Bills of Exchange Act is federal legislation.
• C) The Bills of Exchange Act governs the area of negotiable instruments.
• D) A holder in due course is in a better position than he would be as the receiver of contractual rights through assignment.
• E) A bill of exchange involves three parties.

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Definitions:

Pleasure Principle

A concept in psychoanalytic theory referring to the drive to seek immediate gratification of needs and desires, avoiding pain or discomfort.

Psychoanalytic

Pertaining to the theory and therapy developed by Sigmund Freud, which focuses on unconscious motivations and conflicts as drivers of human behavior.

Between-Family Difference

Variation in characteristics, such as socio-economic status, values, practices, etc., observed between different families.

Child-Rearing Attitudes

The beliefs, practices, and behaviors adopted by parents and guardians in the upbringing of children.