Leno Makes a Gift of a Check to Millie Who

question 56

Multiple Choice

Leno makes a gift of a check to Millie who takes it in good faith and without notice of any claim, defense, or defect. With respect to this check, Millie is

• A)an acceptor.
• B)a good faith purchaser.
• C)an ordinary holder.
• D)an ordinary holder in due course.

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Definitions:

Ages 8 And 14

This range typically refers to the developmental stage covering late childhood and early adolescence, crucial for cognitive, emotional, and social development.

Formal Thinking

A stage in cognitive development, typically reached in adolescence, where individuals are able to think abstractly, logically, and systematically.

High Schools

Educational institutions that provide secondary education, typically for students aged approximately 14 to 18 years.

Memorization

The process of committing information to memory for later retrieval.