Multiple Choice
Which of the following is true of an assignment?
A) It is considered as a negotiation under Article 3 of the Uniform Commercial Code (UCC) .
B) The transferee is known as a holder in due course.
C) Defenses to the enforcement of the contract against the assignor can be raised against the assignee.
D) Only negotiable instruments can become assignments.
Correct Answer:
Verified
Correct Answer:
Verified
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