Please refer to your text,Dynamic Business Law. Go to p. 607. Examine the case summary ofMichael J. Kane, Jr. v. Grace Kroll. Discuss the issues raised under the headings "Critical Thinking" and "Ethical Decision Making" at the end of the case summary.

CRITICAL THINKING

How do rules of law play into the court's reasoning?

Are there ambiguities present in these rules of law?

ETHICAL DECISION MAKING Think about the WH process of ethical decision-making.

What is the ultimate purpose of the judge's decision that Kane was a holder in due course?

What value guided this conclusion?