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UNIFORM COMMERCIAL CODE ARTICLE 3 TABLE of CONTENTS

UNIFORM COMMERCIAL CODE ARTICLE 3 TABLE of CONTENTS

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engage learn and challenge your legal knowledge with our interactive law quizzes and trivia like this video And subscribe to our YouTube channel to start learning the law today welcome to today's quiz on negotiable instruments let's see how well you know the law of negotiable instruments post your answers in the comments section below get set and let's dive in what does the term negotiability refer to in the context of negotiable instruments a the process of discussing the terms of payment B the transfer of possession that confers the right to payment C legal action taken when payment is not received the correct answer is B the transfer of possession that confers the right to payment negotiability refers to the act of transferring possession of the instrument to another party thereby also transferring the right to be paid this process legally endows the new holder with the rights originally specified in the instrument consistent with its terms and conditions wha

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