Solved

Which of the Following Is True Regarding Hye's Assertion That

Question 43

Multiple Choice

Which of the following is true regarding Hye's assertion that Aris did not have a negotiable instrument?


A) Hye is incorrect,and the document by which Dante assigned the right to Aris is a negotiable instrument in regard to her duty to pay.
B) Hye is incorrect because her admission establishes the existence of a negotiable instrument between her and Dante that could be assigned to Aris.
C) Hye is correct because her agreement with Dante was not in a writing containing words of negotiability.
D) Hye is correct because the amount at issue is insufficient to create a negotiable instrument.
E) Hye is correct because Aris was not a party to the original contract.

Correct Answer:

verifed

Verified

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

Related Questions