In Which of the Following Situations Has the Holder of a Negotiable

question 3

Multiple Choice

In which of the following situations has the holder of a negotiable instrument not given value for it?

• A)Where the holder takes the instrument as security for an antecedent claim.
• B)Where the holder gives a negotiable instrument in return for the one received.
• C)Where the holder receives the instrument as a gift.
• D)Where the holder acquires a security interest in the instrument.

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Definitions:

Visible Minorities

Groups of people who are not part of the majority race or ethnic group in a specific area, often identifiable by physical characteristics.

Job Instruction

A methodology used to teach individuals how to perform their job tasks efficiently and safely through a structured and systematic process.

Behaviour Modelling

A training technique that involves observing, practicing, and mimicking desired behaviors to learn new skills and attitudes.

Blended Training

An instruction method combining both online digital media with traditional classroom methods to enhance the learning experience.