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A Holder Does Not Take an Instrument for Value If

question 67

True/False

A holder does not take an instrument for value if he or she gives a negotiable instrument as payment.


Definitions:

Cognitive Therapy

A type of psychotherapy that addresses maladaptive patterns of thought to treat psychological disorders.

Client-Centered Therapy

A form of psychotherapy developed by Carl Rogers emphasizing the client's capacity for self-direction and understanding of one's own feelings.

Systematic Desensitization

A behavioral therapy technique used to reduce phobic or anxiety responses by gradually exposing the person to the feared object or situation in a controlled manner.

Humanistic Therapy

A form of psychotherapy that emphasizes personal growth and the concept of self-actualization.

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