Author Question: If an instrument is negotiable under the UCC, the instrument may be freely traded in the market ... (Read 114 times)

APUS57 · **on:** Jun 24, 2018

If an instrument is negotiable under the UCC, the instrument may be freely traded in the market place without concern for any existing contract responsibilities, so long as the instrument is in the possession of a holder in due course.
a. True
b. False
Indicate whether the statement is true or false

Question 2

The Federal Administrative Act established many of the basic principles of modern administrative law.
a. True
b. False
Indicate whether the statement is true or false