Manuel sued Patricia on a promissory note. Patricia admitted signing the note, but raised the defense that Manuel was not a holder in due course. Can Manuel recover without proving that he is a holder in due course?
?Yes. Manuel was the holder and Patricia admitted signing the note. Therefore, Manuel was entitled to recover on the note unless Patricia established a defense. As no defense was asserted, it was immaterial whether Manuel was a holder in due course, against whom certain defenses could not be asserted.
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Most of McClelland’s research was on the need for ___________.
A. power B. affiliation C. reputation D. achievement
BPR stands for
a. business product reengineering. b. business purchase reengineering. c. business process reengineering. d. business process reduction.
A manager might make a decision that would benefit a particular profit center but not benefit the entire company. From the overall company viewpoint, this decision would lead to
a. goal congruence b. centralization. c. maximization. d. suboptimatization.
Choose the correct word or words in parentheses. Let's (sit, set) for a while and talk