Which of the Following Actions by a Holder Constitutes the Complete

question 73

Multiple Choice

Which of the following actions by a holder constitutes the complete cancellation of a negotiable instrument?

• A) destruction or mutilation of the negotiable instrument to eliminate obligation
• B) deliberately striking out the signature of an indorser
• C) releasing an obligor from liability
• D) surrendering collateral without the consent of the parties who would benefit from it

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Definitions:

Drug Therapy

The treatment of diseases or symptoms with pharmaceutical drugs, as prescribed by a healthcare provider.

Suicidal

Pertaining to having thoughts, intentions, or actions geared towards ending one's own life.

Placebo Effect

A phenomenon in which a person experiences a physiological or psychological improvement after being given a treatment with no therapeutic effect, due to their belief in the treatment's efficacy.

Breathing Exercise

Practices or techniques focused on controlling the breath, used for relaxation, stress management, or improving respiratory health.