Melinda Is the Holder in Due Course of a Cheque

question 19

Multiple Choice

Melinda is the holder in due course of a cheque drawn on Tyson's bank account.She therefore believes that she is entitled to receive payment from Tyson.Tyson,however,believes that he has a good defence to her claim.That will be TRUE if Tyson can prove the defence of

• A)minority
• B)drunkenness.
• C)non-delivery of a completed cheque.
• D)no authority.
• E)failure of consideration.

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Definitions:

Chili Dogs

A popular food item consisting of a hot dog served in a bun and topped with chili sauce.

Law Of Effect

One of Thorndike’s laws of learning, which states that the consequence, or effect, of a response will determine whether the tendency to respond in the same way in the future will be strengthened or weakened.

Edward Thorndike

An influential psychologist known for his work on learning theory and the law of effect.

Formulated

The process of creating or devising a strategy, plan, or concept in a detailed and systematic manner.