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At 4.02 A.M., in front of SLEZEE Chex Corporation, which is closed, Fred buys a $500 time draft for $50 from Barney. When presented with

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At 4.02 A.M., in front of SLEZEE Chex Corporation, which is closed, Fred buys a $500 time draft for $50 from Barney. When presented with Fred's demand for payment, Mr. Slate, the maker of the draft, could successfully claim that Fred a. acquired the note with notice that it was overdue. b. did not give value for the instrument. c. did not acquire the instrument in good faith. d. none of the choices

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