« previous next »

Author Question: A person who acquires a negotiable instrument with notice of a defense: A)has acted in bad faith. B) ... (Read 108 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?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

Your heart beats over 36 million times a year.

Eyespots on the wings of the Citrus Swallowtail (Papilio demodocus) are part of its defense Eyespots on the wings of the Citrus Swallowtail (Papilio demodocus) are part of its defense
Notice Board in Restaurent Notice Board in Restaurent
A person with a defective "P" gene might only have it effect the EYES A person with a defective "P" gene might only have it effect the EYES
Notice the reddish-brown haze caused by nitrogen oxides that is often over many major cities. Notice the reddish-brown haze caused by nitrogen oxides that is often over many major cities.
Anatomical directions in a human. Notice that the directions in the cerebral hemispheres are rotated ... Anatomical directions in a human. Notice that the directions in the cerebral hemispheres are rotated ...
Video: Introduction to Photolithography - WC, BLF, PA, Hard and Soft baking

For a complete list of videos, visit our video library