Farnsworth has an instrument which was made "Payable to bearer." She loses the instrument, but it is found by Mellon. Mellon may
a. collect payment on the instrument.
b. not collect payment because he gave no value for it.
c. not collect payment on the instrument because he only found it.
d. none of these.
A
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Mitigating circumstances
A. are the elements of a crime that must be proved at trial. B. if proved, may be applied to reduce a defendant's punishment. C. refer to the procedures that must be followed during the investigation of a crime. D. if proved, may excuse a defendant from an alleged crime.
An ________ is an estate in which the owner has a present possessory interest in the real property
A) estate pour autre vie B) freehold estate C) future interest D) easement
In an advertisement, FreshAir, Inc stated that its air freshener lasted for 3 hours while the competitor's Smell Sweet lasted for only 36 minutes. In fact, Smell Sweet freshens the air for more than 2 hours. FreshAir has not violated the Lanham Act because the First Amendment's guarantee of freedom of speech applies
a. True b. False Indicate whether the statement is true or false
Which of the following is not a correct characteristic of a Coverdell Education Savings Account?
A) It may be used to fund an elementary or primary school education. B) The child will not owe taxes on any withdrawal made to pay for qualified educational expenses. C) There is a 10% penalty on early withdrawals before the child reaches age 17. D) The amounts deposited in an Education IRA are not tax deductible.