If a person purchasing an instrument does not know and has no reason to know that it has been dishonored, the person cannot become an HDC.
Answer the following statement true (T) or false (F)
False
You might also like to view...
The Uniform Electronic Filing code has been adopted by all 50 states
Indicate whether the statement is true or false
Validity refers to the degree to which selection procedure predicts how well a person performs on the job.
Answer the following statement true (T) or false (F)
In an article about a prominent judge, a newspaper indicates that the judge had organized crime connections. The judge sues. The judge will have a cause of action:
a. if the suit is for defamation and the newspaper responsibly checked its sources. b. if the suit is a suit for intrusion. c. whether or not the newspaper checked its sources as long as the information printed is ultimately found to be untrue. d. if the statement, which was untrue, was made with malice.
Under a written contract dated May 1, Jodi hired Mandy to buy a piece of lakefront property. On May 30, Mandy finalized a deal with Matt for the purchase of the land and a contract was signed. On May 31, Mandy learned Jodi had died on May 29 . Which statement is correct concerning the contract Mandy entered into with Matt?
a. The contract is void since the agency terminated May 29. b. The contract is valid since the agency terminated when Mandy was notified of Jodi's death on May 30. c. The contract is voidable at the option of Jodi's estate. d. The contract is voidable at the option of Matt.