I need help in these questions. Please do them correctly and do not make any mistake. Please must do it correctly as I have only 1 chance for these

estion 5 Which of the following circumstances would not meet the value element of obtaining the holder in due course title: O a. Obtaining a check as a gift O b. Getting possession of an instrument for doing a task today. O c. Giving a check in payment for a task done in the past. O d. Buying a Promissory Note with a Check. Question 7 Negotiable Instruments: O a. Must have passed five seperate tests to be considered Negotiable. O b. Have more risk than Nonnegotiable Instruments O c. Are always Demand Instruments O d. Are the lowest risk form of Commercial paper. Question 8 2 points Save Ansvier Ben is the maker on a promissory note. Dwight has purchased VISA travelers checks. Who has primary liability on these instruments? O a. Ben and Dwight O b. Ben and VISA O c. Ben O d. Dwight Question 9 Which type of indorsement creates a Bearer Instrument: O a. Blank. O b. Special. O c. Qualified. O d. Restrictive. events changes to this answer. Why is an Allonge used? O a. To allow additional attachments to a document. O b. To allow an indication of Primary liability on an instrument. O c. To serve as an Addendum. O d. To provide for additional secondarily liable parties Question 10 estion 4 A 2 points Six months prior to filing for bankruptcy protection, Bob pays off a debt to his brother Jack. This is a prime example of: O a. A preferential transfer Ob. A novation OC. A fraudulent transfer O d. A pre-bankruptcy lien violation