In good faith, Clinton gave Jane $500 for a negotiable promissory note made out to Jane for $550. She needed some money before the due date on the note, and Clinton had no notice of outstanding claims or other defects of the note. Clinton
A)has more rights than Jane

B)has the same rights as Jane.
C)has only conditional rights because they depend on Jane's rights.
D)cannot transfer the note to anyone else.


A

Business

You might also like to view...

A key performance measure for an execution and transaction processing system would be:

A) flexibility. B) form. C) function. D) accuracy.

Business

Harry bought preferred noncumulative stock on which there were no dividends declared for the year. The dividends that were not declared for the year will:

A) be paid the next year. B) be paid upon the next declaration of dividends. C) be paid out of the common stock dividend fund. D) not be paid.

Business

________ refers to everything that enables an organization to

create, manipulate, and manage very large data sets (measured in terabytes, petabytes,exabytes, etc.) and the facilities in which these are stored. Fill in the blanks with correct word

Business

A vertically integrated information system may perform which of the following?

A) capture the initial sales data and produce invoices (acting as a transaction processing system) B) summarize these data on a weekly basis for use by middle managers in tracking slow- and fast-selling items as well as productive and unproductive salespeople (acting as a decision support system) C) analyze data for long-term trends for use by top managers (acting as an executive information system) D) all of the above

Business