Elmore purchases goods from Grady, and Elmore executes and delivers a negotiable note to Grady for $1,200, payable to Grady's order in 30 days. Two weeks later, Grady negotiates the note to McDaniel. Which of the following is true?
a. McDaniel is required to notify Elmore that he acquired the note.
b. If the goods are defective, Elmore's defense will necessarily be available against McDaniel.
c. Whether Elmore's defense is available against McDaniel will depend on whether McDaniel acquired the note in good faith and for value, had no knowledge of the defense, and took the note without reason to question its authenticity.
d. McDaniel can acquire no greater rights than Grady had in the note.
c
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Companies such as Caterpillar have been unable to protect critical innovations in Japan because:
A) products very similar to those made by U.S. companies can be patented without fear of infringement. B) the Japanese government enforces strict control over infringement rights for security reasons. C) inventions that are based on software can be easily downloaded. D) U.S. patent laws now harmonize with those in the EU as well as Japan. E) patents in Japan are broader than those in the United States.
All of the following are most likely signs of employee depression EXCEPT ________.
A) lack of sleep B) burnout C) poor concentration D) reduced appetite
The registration requirement of the 1934 Act pertains to the entire class of securities rather than to a specific offering
a. True b. False Indicate whether the statement is true or false
After an organization determines all pertinent______to a system, it must decide its acceptable level
Fill in the blank(s) with correct word