Question
URgent !!! No explain need Even if one owns a fees simple absolute, their use of the property may be legally restricted by: a. title
URgent !!! No explain need
Even if one owns a fees simple absolute, their use of the property may be legally restricted by:
a. | title insurance | |
b. | zoning laws | |
c. | notice race statutes | |
d. | nothing |
Assume Alex acquires a negotiable instrument by indorsement in exchange for his promise to perform a service next month. According to the UCC when will he become a holder in due course?
a. | when he takes possession of the instrument | |
b. | when he performs the service. | |
c. | when he promises to perform the service. | |
d. | never |
Assume that Bob indorses a check that was payable to Cash by writing the words "Pay to Helen" on the back of the check and then signing his name. He has:
a. | converted order paper to bearer paper. | |
b. | converted bearer paper to order paper. | |
c. | kept it order paper | |
d. | kept it bearer paper. |
Suppose Lola possesses a negotiable instrument made "payable to the bearer". If she loses the instrument while rescuing a drowning puppy from a pond and Mike, the one who threw the puppy in the pond later finds the instrument, the Mike will:
a. | be able to collect payment if properly presented. | |
b. | be denied the payment since his bad act caused the problem. | |
c. | be denied payment since he wa not the intended payee. | |
d. | be denied payment because puppies are cute!. |
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