1. Which of the following can be negotiated at the present time?

a.A promissory note that states "Pay to Charles Manson$3000 on September 1, 2021.

b.A promissory note from Dudley DooRightto Haney Seed Corp. promising to pay for the seed purchased in the spring with bushels of grain harvested in the fall.

c.A check written on the standard check form that does not state the date it was issued.

d.An oral promise to pay to the order of Justin $500 on demand.

1. In order to determine eligibility for filing a Chapter 7 bankruptcy proceeding, the court applies:

a.a means test for debt

b.a means test for income

c.the adequate protection doctrine

d.the adequate consideration doctrine

1. Roger is the patient coordinatorfor Doc Martin and he is responsible for billing Doc Martin's patients.Without asking Doc Martin,Roger takes$50 from petty cash to purchase stamps and envelopes to send out the bills.Roger has:

a.express authority to take the money

b.apparent authority to take the money

c.implied authority to take the money

d.committed theft