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The New Professor (Scenario)

question 91

Multiple Choice

The New Professor (Scenario)
Samir has recently received his Ph.D. and has begun teaching at a large university. Prior to his first day of class, Samir's department head had lunch with him and explained what was expected of a new professor in terms of maintaining discipline in his classroom, providing students with a challenging course, and keeping grades down. Later that week Samir met with other professors in a faculty meeting. During that meeting, a number of issues were discussed and, although Samir did not agree with all of them, he did not feel comfortable discussing his position because he was a new assistant professor and the others were more senior. However, in watching the reactions of other professors, he got the feeling that some of them disagreed with a few issues, too, but did not want to say anything because doing so might be disruptive.
-In Samir's first faculty meeting, his reluctance to say anything because he was a new professor reveals that he was conscious of his________ .

Definitions:

Holder in Due Course

A legal term for an entity that has acquired a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims that could be made against the instrument.

Negotiable Instrument

A written document guaranteeing the payment of a specific amount of money to the bearer or a named party, either on demand or at a set time.

Value

The importance, worth, or usefulness of something, often determined by the demand for it in the market or its inherent qualities.

Simple Consideration

The minimal requirement of value that must be exchanged between parties entering into a contract, for the contract to be considered valid.