Question: QUESTION 2 7 At 1 A . M . , on the sidewalk in front of Skeezy's Madisonville Truckstop, which is closed, Ben buys a
QUESTION
At AM on the sidewalk in front of Skeezy's Madisonville Truckstop, which is closed, Ben buys a $ promissory note for $ from Curt. When presented with Ben's demand for payment, Diane, the maker of the note, could successfully claim that Ben
A did not give value for the instrument.
B none of the choices.
C did not take the instrument in good faith
D did not give sufficient value for the instrument.
QUESTION
Dane transfers a draft by signing it and delivering it to Ebony. Ebony is
A an indorser
B a promissee.
C a promissor
D an indorsee
QUESTION
Fiona writes a check "pay to the order of Shrek" drawn on Fiona's account at Home State Bank. Shrek presents the check for payment to Home State, which accepts it Primarily liable on the check is on:
A Fiona
B Shrek
C Shrek and Home State Bank
D Home State Bank.
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