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Author Question: A person who acquires a negotiable instrument with notice of a defense: A)has acted in bad faith. B) ... (Read 109 times)

cmoore54

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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

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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.


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cmoore54

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Reply #2 on: Jun 24, 2018
Thank you


DylanD1323

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Reply #3 on: Jun 24, 2018
No problemo


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