All of the Following Are Considered 'Hard' or Major Currencies,except

question 93

Multiple Choice

All of the following are considered 'hard' or major currencies,except the:

• A) US dollar.
• B) euro.
• C) Mexican peso.
• D) British pound.

---

Definitions:

Transferability

The ease with which ownership rights of certain assets, securities, or financial instruments can be transferred from one party to another.

Holder in Due Course

A party that acquires a negotiable instrument in good faith and for value, thus obtaining certain rights free from previous defenses.

For Value

A legal consideration given as part of a contract or agreement, indicating that something of value was exchanged.

Instrument

A legal document formalizing an agreement or right, often used in financial transactions or legal proceedings.