2. Without receiving value for the purpose of lending his name, A makes a note for 500.00 payable to the order of B who negotiates it to C, the latter knowing that A is not a party for value.

a. May C recover from A if the latter interposes the defense of absence or failure of consideration 30.00 for lending his name, will it alter the result of the case? Reason.

b. Supposing A pays without objection the said 500.00, may he recover what he paid for B? Reason.