Cindy is the HDC of a negotiable note issued by Barbara for $1,000. Barbara is only 17 years old. When Cindy presents Barbara's negotiable note to her for payment on the due date, Barbara refuses to pay claiming she has the right to refuse as a minor. True or False: Barbara is raising a "real" defense, so even though Cindy is an HDC she will not get paid. O True O False QUESTION 36 1 points Save Answer True or False: The following item, by itself, would violate a negotiability test: The instrument calls for payment of $1,000 plus twenty pounds of red cabbage." O True O False QUESTION 37 1 points Save Answer True or False: For a draft to be a "check," it must be payable on demand, and the drawee must be a bank or similar financial institution. True O False QUESTION 38 1 points Save Answer Tom is the holder of a $200 check that is payable to "bearer." He asks his friend Cathy to cash it for him, i.e., to give him $200 in cash in exchange for the check. She says she will, but only if he endorses it Pay to Cathy, (signed) Tom." True or False: This is a "restrictive" endorsement that makes it safer to deposit in a bank. O True O False