Question
Beth buys a $500 promissory note for $50 from Cherl. When presented with Ben's demand for payment, Dirk, the maker of the note, could successfully
Beth buys a $500 promissory note for $50 from Cherl. When presented with Ben's demand for payment, Dirk, the maker of the note, could successfully claim that Beth
a. acquired the note with notice that it was overdue.
b. did not acquire the instrument in good faith.
c. did not give value for the instrument.
d. none of the choices.
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Federal Administrative Law
Authors: Gary Lawson
9th Edition
1647086396, 978-1647086398
