Ollie Negotiates an Order Instrument to Phil by

question 14

Multiple Choice

Ollie negotiates an order instrument to Phil by

• A)assignment of its rights under a contract.
• B)delivery with any necessary indorsement.
• C)making an unconditional promise to pay.
• D)presenting it in response to a demand by B.

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Definitions:

St. Vitus' Dance

A historical term for Sydenham's chorea, characterized by rapid, uncoordinated jerking movements most commonly affecting the face, hands, and feet.

Bodily Fluids

Liquids that are produced or present in the human body, essential for maintaining various bodily functions, including blood, saliva, and cerebrospinal fluid.

Paracelsus

A Swiss physician and alchemist in the Renaissance period, considered one of the fathers of modern toxicology and medicine.

Hypnotism

A trance-like state resembling sleep, typically induced by a therapist by focusing a patient's attention and increasing their responsiveness to suggestions.