Felicia, an elderly woman, does not speak or read English well. Felicia is a recent immigrant to this country. A dishonest immigration officer tells Felicia to sign several documents as being necessary to maintain her legal alien status. Unknown to Felicia, she signs a promissory note. The immigration officer thereafter sells the note to Neighborhood Bank, a holder in due course, who goes after

Felicia for payment of the note. Felicia's defense to the Neighborhood Bank is:
a. fraud in the inducement; a real defense.
b. fraud in the execution; a real defense.
c. unauthorized completion; a personal defense.
d. breach of contract; a real defense.


b

Business

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Describe how the CEO/managers of smaller organizations struggle in the time balance of external growth and development of the organization versus internal growth and development of employees

What will be an ideal response?

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Since most people exhibit risk aversion, managers must be compensated for the risk they must bear.

Answer the following statement true (T) or false (F)

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