Patrick Bought a Widget from Ishani

question 57

Multiple Choice

Patrick bought a widget from Ishani.The purchase price was $25 000.He paid by giving her a cheque for that amount that was drawn on his account at the Bank of Fundy.The cheque was made payable to Ishani.By coincidence,Ishani owes $25 000 to XYZ Inc.Which of the following statements is TRUE?

• A)If Ishani negotiated the cheque to XYZ Inc,that company would be entitled to turn the cheque into a bearer instrument.
• B)If Ishani negotiated the cheque to XYZ Inc,that company could not ask the Bank of Fundy to certify the cheque.
• C)If Ishani wanted to negotiate the cheque to XYZ Inc,she would have to first have the cheque certified by the Bank of Fundy.
• D)If Ishani negotiated the cheque to XYZ Inc,that company could receive payment from the Bank of Fundy only if it first provided consideration to Patrick.
• E)Ishani can discharge her debt to XYZ Inc by simply delivering the cheque to the company.

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Definitions:

Sims' Position

A body position where the patient lies on their left side with the right knee and thigh drawn up, often used in medical exams or procedures.

Right Side-Lying

A body position where the individual lies on their right side, often recommended for therapeutic reasons or comfort.

Enema Administration

The process of introducing a liquid into the rectum and colon via the anus to induce bowel movements or administer medication.

Insertion

The act of placing or inserting an object or material into something else, often used in medical contexts, like the insertion of a needle or catheter into the body.