Jeff Convinces Kraus,who Does Not Understand English,to Sign a $1,000

question 22

Multiple Choice

Jeff convinces Kraus,who does not understand English,to sign a $1,000 note that Kraus believes is an application for a credit card.Jeff negotiates the note to Loni.Kraus​ 

• A) ​can avoid payment on the note even if Loni is an HDC. 
• B) ​can avoid payment on the note only if Loni is a holder. 
• C) ​must pay Loni the amount that it paid for the note. 
• D) ​must pay the note in full.

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Definitions:

Decades

Periods of ten years, often used to mark significant time intervals in history, research, and life events.

Episodic Memory

The type of long-term memory that involves the recollection of specific events, situations, and experiences, including the context and emotions associated with them.

Events

Occurrences or happenings, especially those significant enough to be remembered or noteworthy.

Experienced personally

Directly encountering or undergoing something oneself, rather than learning about it through others or second-hand reports.