The Cottage System Was Established in an Effort to Move

question 98

True/False

The cottage system was established in an effort to move away from punishment and toward rehabilitation.​

Comprehend the shelter principle and its implications for subsequent holders.

Distinguish between primary and secondary liability on negotiable instruments.

Recognize the role and definitions of endorsements and warranties in the transfer of negotiable instruments.

Learn the definitions and standards of good faith and value within the context of the Uniform Commercial Code.