menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 24: Form and Content
  5. Question
    Revised Article 3 Eliminates the Particular Fund Doctrine by Providing
Solved

Revised Article 3 Eliminates the Particular Fund Doctrine by Providing

Question 20

Question 20

True/False

Revised Article 3 eliminates the particular fund doctrine by providing that a promise or order is not made conditional because payment is to be made only out of a particular fund.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q15: Bill goes to First Bank to get

Q16: All but which one of the following

Q17: Which article of the UCC governs "negotiable

Q18: An incomplete instrument is not negotiable. However,

Q19: Which of the following does not fulfill

Q21: Which of the following would not be

Q22: A cashier's check is a check drawn

Q23: Reed signed and delivered a negotiable promissory

Q24: Form of the document has no effect

Q25: To have the full benefit of negotiability,

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines