Solved

Efron Transfers an Instrument to First Citizens Bank

Question 56

Multiple Choice

Efron transfers an instrument to First Citizens Bank.This is not a negotiation unless


A) the parties bargained over the amount paid for the instrument.
B) the transfer is an assignment.
C) the instrument is a negotiable instrument.
D) the transfer includes rights under a contract.

Correct Answer:

verifed

Verified

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

Related Questions