Shoshanna Drafted a Complete Cheque and Made It Payable to Bearer.She

question 47

Multiple Choice

Shoshanna drafted a complete cheque and made it payable to bearer.She placed it in her desk drawer.She intended to give it as a prize to whichever student achieved the highest grade in her business law class.The cheque, however, was stolen before Shoshanna could do so.After passing through several hands, it came into Ethan's possession.Which of the following statements is TRUE?

• A)Ethan can enforce the cheque against Shoshanna if he is a holder.
• B)Ethan can enforce the cheque against Shoshanna if he is a holder in due course and there is no real defense.
• C)Shoshanna merely has a personal defence as a result of the theft.
• D)Shoshanna has a real defence as a result of the theft.
• E)Ethan can enforce the cheque against Shoshanna because he has possession of the cheque and therefore is considered an immediate party.

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Definitions:

Four Humors

An ancient and obsolete medical theory that suggested the body is comprised of four fluids that influence health and temperament.

Abnormal Behavior

Actions or patterns of activity that deviate significantly from what is considered typical or normal within a certain culture or society, which may or may not be indicative of a psychological disorder.

Phlegm

A thick, viscous substance secreted by the mucous membranes of the respiratory tract, often associated with illness or infection.

Demonology Model

An ancient belief system attributing psychological disorders to the possession by evil spirits.