In which of the following ways does an assignee from a simple contract differ from a holder of a negotiable instrument?
A)A holder has greater rights than the transferor.
B)An assignee has less rights than the transferor.
C)An assignee and a holder's rights are equivalent.
D)An assignee has greater rights than the transferor.
E)A holder has less rights than the transferor.

Question

Quizplus · Accepted Answer

A)A holder and an assignee differ because a negotiable instrument gives greater
rights to the holder than the transferor.
B)A holder and an assignee differ because a negotiable instrument gives greater rights to the holder than the transferor.
C)A holder and an assignee differ because a negotiable instrument gives greater rights to the holder than the transferor.
D)A holder and an assignee differ because a negotiable instrument gives greater rights to the holder than the transferor.
E)A holder and an assignee differ because a negotiable instrument gives greater rights to the holder than the transferor.

In Which of the Following Ways Does an Assignee from a Simple