Jill, in Good Faith and for Value, Gets from Kiley

question 6

Multiple Choice

Jill, in good faith and for value, gets from Kiley a negotiable bearer instrument. Jill does not know that Kiley stole the instrument. Jill is

• A) an HDC.
• B) not an HDC, because Kiley did not acquire the instrument for value.
• C) not an HDC, because Kiley did not acquire the instrument in good faith.
• D) not an HDC, because Kiley transferred the instrument without notice.