Support Remaining Time: 1 hour, 24 minutes, 59 seconds. Question Completion Status: QUESTION 22 Sue issued a personal check made "payable to the order of Matt Matt Indorsed the check by signing his name and delivered the check to Doug for work Doug completed on Matt's house last month. Which of the following is correct? a Doug is the payee once he endorses b Mart is not a payee once he delivers the check to Doug cDoug is only a holder not a holder in due course d Doug is a holder in due course 2.53 QUESTION 23 Mother co-signed a promissory note with daughter for a car purchase by daughter Mother will be discharged on the note a when the note is paid in full by daughter bf the creditor does not receive payment from daughter and mother pays the remaining balance in full daughter used the car as collateral on a personal note with a friend without telling the creditor or mother dal the answers are correct QUESTION 24 2.53 poin Hayden owes Luther $5000 Hayden will be able to pay this debt when he is able to sell his motorcycle valued at $10.000 Hayden writes a promissory note to Luther that reads. "Payable to order of bearer on demand the sum of $5000 plus maximum interest allowed by law. This note is non-negotiable because it does not state a definite amount of money Click Save and submit to me and submit. Click Save All Amers to move all answers Save As Answers 27 Support Remaining Time: 1 hour, 24 minutes, 59 seconds. Question Completion Status: QUESTION 22 Sue issued a personal check made "payable to the order of Matt Matt Indorsed the check by signing his name and delivered the check to Doug for work Doug completed on Matt's house last month. Which of the following is correct? a Doug is the payee once he endorses b Mart is not a payee once he delivers the check to Doug cDoug is only a holder not a holder in due course d Doug is a holder in due course 2.53 QUESTION 23 Mother co-signed a promissory note with daughter for a car purchase by daughter Mother will be discharged on the note a when the note is paid in full by daughter bf the creditor does not receive payment from daughter and mother pays the remaining balance in full daughter used the car as collateral on a personal note with a friend without telling the creditor or mother dal the answers are correct QUESTION 24 2.53 poin Hayden owes Luther $5000 Hayden will be able to pay this debt when he is able to sell his motorcycle valued at $10.000 Hayden writes a promissory note to Luther that reads. "Payable to order of bearer on demand the sum of $5000 plus maximum interest allowed by law. This note is non-negotiable because it does not state a definite amount of money Click Save and submit to me and submit. Click Save All Amers to move all answers Save As Answers 27
