In Which of the Following Ways Does an Assignee from a Simple

question 79

Multiple Choice

In which of the following ways does an assignee from a simple contract differ from a holder of a negotiable instrument?

• A)A holder has greater rights than the transferor.
• B)An assignee has less rights than the transferor.
• C)An assignee and a holder's rights are equivalent.
• D)An assignee has greater rights than the transferor.
• E)A holder has less rights than the transferor.

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Definitions:

Peripheral Nervous System

Part of the nervous system that consists of the nerves and ganglia outside of the brain and spinal cord, responsible for connecting the central nervous system to limbs and organs.

Medulla

A portion of the brainstem that controls vital functions such as heartbeat and breathing.

Brain

The complex organ located in the skull, responsible for coordinating sensory information, and directing motor responses; center of the nervous system.

Neural Impulse

An electrical signal that travels along a neuron, facilitating the transmission of information in the nervous system.