If a negotiable order instrument is transferred to another party without an indorsement, the instrument has been:
A) assigned
B)negotiated.?
C)obtained by fraud, and is therefore invalid.?
D)obtained by fraud, but may be ratified.
A
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If a plaintiff to a lawsuit is claiming personal injury, the defendant should request:
A) an independent medical exam of the plaintiff. B) an independent medical exam of the defendant. C) an independent medical exam of the judge. D) none of the choices.
Under a shipment contract, the risk of loss passes to the buyer when the goods are delivered to the carrier.
Answer the following statement true (T) or false (F)
Reusable Energy Corporation regularly expresses opinions on political issues. Under the First Amendment, corporate political speech is
A. discouraged. B. forbidden. C. protected. D. required.
Which of the following best describes bylaws? A) They are rules enacted by directors to govern a corporation's conduct
B) They are rules of conduct given to the board of directors during incorporation. C) They are rules and regulations for individual stockholders. D) They are rules enacted by officers to govern their conduct.