« previous next »

Author Question: A person who acquires a negotiable instrument with notice of a defense: A)has acted in bad faith. B) ... (Read 56 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
on: Jun 24, 2018
A person who acquires a negotiable instrument with notice of a defense:
 A)has acted in bad faith.
 B) has acted illegally.
 C) cannot be a holder in due course.
 D) has taken unfair advantage of the maker.

Question 2

Explain why RESPA was passed.


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

To limit closing costs. To provide for full disclosure on closing costs. To limit escrow deposits. To stop kickbacks and referral fees.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

cmoore54

  • Hero Member
  • *****
  • Posts: 568
Reply #2 on: Jun 24, 2018
Thank you


DylanD1323

  • Sr. Member
  • ****
  • Posts: 314
Reply #3 on: Jun 24, 2018
No problemo


« previous next »
 

Did you know?

Drying your hands with a paper towel will reduce the bacterial count on your hands by 45–60%.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Letter from a Person with Pure Alexia Letter from a Person with Pure Alexia
James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only James Madison was a key figure at the Constitutional Convention of 1787 in Philadelphia. He not only
A person with a defective "P" gene might only have it effect the Hair A person with a defective "P" gene might only have it effect the Hair
Defense Mechanisms Cont. Defense Mechanisms Cont.
Roller lifter from a GM Duramax 6.6 liter V-8 diesel engine. Notice the size of this lifter compared ... Roller lifter from a GM Duramax 6.6 liter V-8 diesel engine. Notice the size of this lifter compared ...
Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ... Notice the small motor gear on the left drives a larger plastic gear (black), which then drives ...
Video: Stages of Mitosis - Prophase, Prometaphase, Metaphase, Anaphase & Telophase

For a complete list of videos, visit our video library