Author Question: A person who acquires a negotiable instrument with notice of a defense: A)has acted in bad faith. B) ... (Read 95 times)

cmoore54

  • Hero Member
  • *****
  • Posts: 568
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
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


 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

For a complete list of videos, visit our video library