50.1K

Verified Solution

Link Copied!

Mark performs moving services for Nell, who pays him with a promissory note for $400. Mark is aware that there are bankruptcy proceedings against Nell. Mark is an HDC. not an HDC, because Mark obtaine le note with notice of a defect. not an HDC, because Mark did not acquire the instrument for value. not an HDC, because Mark did not acquire the instrument in good faith. Dana writes a check to Becky on Dana's account at Community Bank. The bank dishonors the check even though Dana has sufficient funds in her account. The bank is liable to Dana. Becky the payee on Dana's next check. no one Question 6 The principal is bound by the agent's unauthorized act, unless the principal negates it. True False In many states, the state constitution or a state statute may protect employee privacy by restricting drug testing by private employers. True False Mark performs moving services for Nell, who pays him with a promissory note for $400. Mark is aware that there are bankruptcy proceedings against Nell. Mark is an HDC. not an HDC, because Mark obtaine le note with notice of a defect. not an HDC, because Mark did not acquire the instrument for value. not an HDC, because Mark did not acquire the instrument in good faith. Dana writes a check to Becky on Dana's account at Community Bank. The bank dishonors the check even though Dana has sufficient funds in her account. The bank is liable to Dana. Becky the payee on Dana's next check. no one Question 6 The principal is bound by the agent's unauthorized act, unless the principal negates it. True False In many states, the state constitution or a state statute may protect employee privacy by restricting drug testing by private employers. True False

Answer & Explanation Solved by verified expert

See Answer