Revised Article 3 Eliminates the Particular Fund Doctrine by Providing

question 20

True/False

Revised Article 3 eliminates the particular fund doctrine by providing that a promise or order is not made conditional because payment is to be made only out of a particular fund.

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Definitions:

Volunteering Time

The act of offering one's time and services without financial compensation for the benefit of others, a community, or a cause.

Potentially Dangerous Situations

Scenarios that could lead to harm or threat due to their risky or unsafe nature.

Volunteering Time

The act of giving one's time and services willingly and without pay to benefit another person, group, or organization.

Prosocially

Acting in a way that benefits others or society as a whole, often involving altruistic or helpful behaviors.