Mark Acquires an Instrument from a Stranger Under Suspicious Circumstances

question 22

Multiple Choice

Mark acquires an instrument from a stranger under suspicious circumstances and at a high discount.This disqualifies him from acquiring HDC status because he did not ________.

• A) give value for the instrument
• B) check if the instrument was defective
• C) take the instrument in good faith
• D) check the authenticity of the instrument