ww.faceb. https://www.youtu... S https://soap2day.t... https://yesmovies.... Anime - Detective... UA Kaufman Astor http://moviepilot.c... Question Completion Status: QUESTION 38 1 points Save Ans Tom, an HDC, presents a demand note to Ellen for payment and is paid the amount due. But Ellen does not take the note from Tom to destroy it or mark it "paid." Tom takes the note and sells it to Barry, an HDC, who does not know Ellen already paid. Barry presents it Ellen for payment and Ellen says, "Hey, no way, I already paid this off!" and she refuses to pay again. She has a receipt from Tom proving she paid. True or False: Since Ellen has already paid off this note and can prove she did, she will not have to pay Barry again. True False QUESTION 39 3 points Save Ang In connection with a contract under which Ed is to paint Leo's house for $2,000 on Aug. 4, 2020, Leo issues a negotiable instrument that says: "I promise to pay to the order of Ed $1,500 on August 4, 2020," and he (Leo) signs it. Ed properly negotiates it to Felix who passes all of the tests to qualify as a "holder in due course (HDC)." Ed then goes ahead and paints Leo's house on Aug 4, 2020, but does a terrible job. Felix shows up that evening with the instrument and presents it to Leo and asks for the $1,500. Leo refuses to pay raising the "defense" that the work was done badly (which it was). He says he should not have to pay for poor work. True or False: Leo must pay the money to Felix even though the work was poorly performed. True False QUESTION 40 1 points Save An True or False: If a holder presents a note for payment on June 15, 2020 and the payment due date is June 23, 2020, and the request for payment is turned down, the note has been "dishonored. True O False Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and 09PS ww.faceb. https://www.youtu... S https://soap2day.t... https://yesmovies.... Anime - Detective... UA Kaufman Astor http://moviepilot.c... Question Completion Status: QUESTION 38 1 points Save Ans Tom, an HDC, presents a demand note to Ellen for payment and is paid the amount due. But Ellen does not take the note from Tom to destroy it or mark it "paid." Tom takes the note and sells it to Barry, an HDC, who does not know Ellen already paid. Barry presents it Ellen for payment and Ellen says, "Hey, no way, I already paid this off!" and she refuses to pay again. She has a receipt from Tom proving she paid. True or False: Since Ellen has already paid off this note and can prove she did, she will not have to pay Barry again. True False QUESTION 39 3 points Save Ang In connection with a contract under which Ed is to paint Leo's house for $2,000 on Aug. 4, 2020, Leo issues a negotiable instrument that says: "I promise to pay to the order of Ed $1,500 on August 4, 2020," and he (Leo) signs it. Ed properly negotiates it to Felix who passes all of the tests to qualify as a "holder in due course (HDC)." Ed then goes ahead and paints Leo's house on Aug 4, 2020, but does a terrible job. Felix shows up that evening with the instrument and presents it to Leo and asks for the $1,500. Leo refuses to pay raising the "defense" that the work was done badly (which it was). He says he should not have to pay for poor work. True or False: Leo must pay the money to Felix even though the work was poorly performed. True False QUESTION 40 1 points Save An True or False: If a holder presents a note for payment on June 15, 2020 and the payment due date is June 23, 2020, and the request for payment is turned down, the note has been "dishonored. True O False Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Answers Save and 09PS