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

question 48

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 the instrument is a bearer instrument.

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Definitions:

Executive Subsystem

A component of family systems theory referring to the management and decision-making processes within a family unit.

Social Position

The rank or status of an individual or group within the social hierarchy, defined by factors like wealth, occupation, or education.

Homeostasis

The self-regulating process by which biological systems maintain stability while adjusting to conditions optimal for survival.

Equilibrium

A state of balance or stability within a system, where all forces or influences are equally counteracted by others.