In what way is a 'negotiable' instrument an exception to the nemo dat quod non habet rule?
A) It is able to be transferred from one person to another.
B) It can be passed from one person to another on terms to be decided by those parties.
C) The right to the instrument is transferred with physical possession.
D) It is of an amount yet to be determined.
Correct Answer:
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Q1: Which of the following is NOT an
Q2: The Nemo dat quod non habet rule
Q4: A bill of exchange or cheque payable
Q5: What is the relationship between cheques and
Q6: Negotiability means that a person who takes
Q7: Both a cheque and a bill of
Q8: A bill of exchange is signed by
Q9: Which of the following is NOT a
Q10: A bill of exchange is signed by
Q11: Which of the following statements is NOT
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