Which of the Following Is True Regarding Simple Contracts as Compared

question 20

Multiple Choice

Which of the following is true regarding simple contracts as compared to negotiable instruments?

• A) Simple contracts are assigned to an assignee, while negotiable instruments are negotiated to a holder.
• B) Simple contracts may be assigned to an assignee or negotiated to a holder while negotiable instrument may only be negotiated to a holder in due course.
• C) Simple contracts may be assigned to an assignee or negotiated to a holder while negotiable instrument may only be negotiated to a holder.
• D) Simple contracts may not be assigned while negotiable instruments may be negotiated to holder.
• E) Simple contracts may be assigned to a holder while negotiable instruments may not be assigned or negotiated.

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Definitions:

Stereotype Threat

The anxiety or performance decline that occurs when individuals feel at risk of conforming to stereotypes about their social group.

Implicit Association Test (IAT)

A psychological test designed to uncover unconscious or hidden biases by measuring the strength of automatic associations between concepts.

Explicit Attitudes

Beliefs and feelings that individuals are aware of and can openly communicate.

Implicit Associations

Unconscious associations or links between concepts, which can influence thoughts and behavior without conscious awareness.