Question: Please answer both. Need correct answers asap. Mark signs a note that states, payable in sixty days. The note is dated September 15. Tom buys
Please answer both. Need correct answers asap.
Mark signs a note that states, "payable in sixty days." The note is dated September 15. Tom buys the note on November 20. Tom is a holder in due course to the extent that he paid for the note.
| True | |
| False |
Mary makes a gift of a check to Jose who takes it in good faith and without notice of any claim, defense, or defect. With respect to this check, Jose is an ordinary holder.
| True | |
| False |
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