If an Instrument Satisfies the Formal Requirements of Writing,signature,unconditional Order

question 49

Multiple Choice

If an instrument satisfies the formal requirements of writing,signature,unconditional order to pay,and pay ability on demand:

• A)it is negotiable even though it is void or unenforceable for other reasons.
• B)it cannot be held by a holder in due course.
• C)validity of the instrument is automatically conferred.
• D)it is not negotiable if it is uncollectible for other reasons.

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Definitions:

Distinguished

Characterized by excellence or distinction; noted for significant achievement.

Other Crimes

Evidence of a defendant's past wrongdoings or criminal acts that can be introduced in court to show a pattern of behavior or to prove motive, opportunity, intent, or preparation.

Cyber Terrorist

A hacker whose intention is the exploitation of a target computer or network to create a serious impact, such as the crippling of a communications network or the sabotage of a business or organization, which may have an impact on millions of citizens if the terrorist’s attack is successful.

Hacking

Unauthorized access to computing devices, networks, or data, often for malicious purposes.