Odessa Owes Kevin $2,000

question 24

Multiple Choice

Odessa owes Kevin $2,000.On July 1,Kevin assigns the right to the $2,000 to Troy.Thereafter,on July 15,Kevin assigns the same right to Donna,who in good faith gives value for it and knows nothing about the first assignee.In this case:

• A) Troy has the right to the payment of $2,000.
• B) Donna has the right to the $2,000.
• C) neither Troy nor Donna can claim the $2,000.
• D) the rule differs in different states.Depending on which rule a state follows,the answer will vary.

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Definitions:

Latency

Latency in psychology can refer to the period of time from a stimulus until a response is observed, or in development, a phase in childhood when sexual feelings are dormant.

Superego

The component of the personality in psychoanalytic theory that represents internalized societal standards, ethics, and morals.

Ideal Standards

The perceived criteria for evaluating the quality or desirability of something, often based on personal or cultural values.

Ego

In Freudian psychology, the part of the psyche that mediates between the demands of the id, superego, and reality.