« previous next »

Author Question: A person who acquires a negotiable instrument with notice of a defense: A)has acted in bad faith. B) ... (Read 98 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?

Asthma cases in Americans are about 75% higher today than they were in 1980.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th In the summer of 1793, a yellow fever epidemic struck Philadelphia, killing nearly 4,000. Tens of th
Infants often rely on a caregiver as a secure base when they meet a new person. Infants often rely on a caregiver as a secure base when they meet a new person.
L-carnitine is a popular dietary supplement. Notice the claims of improving athletic performance and ... L-carnitine is a popular dietary supplement. Notice the claims of improving athletic performance and ...
Pelvis and knee rock. Hold the feet again for a moment, and move to the person’s right side. Place ... Pelvis and knee rock. Hold the feet again for a moment, and move to the person’s right side. Place ...
Food security per person Food security per person
MRI scans of normal elderly person compared to one with Alzheimer's MRI scans of normal elderly person compared to one with Alzheimer's
Video: What are Strong & Weak Acids and How they're different?

For a complete list of videos, visit our video library