Fact Pattern 16-2

question 65

Multiple Choice

Fact Pattern 16-2
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, who then in¬dorses it to Nat, the present holder.

-Refer to Fact Pattern 16-2.Suppose that Mona pays Nat on the note.With timely notice to the proper parties,Mona may collect payment on the note from

Definitions:

B State

Refers to a theoretical physiological state that an organism is in, affecting its learning and behavior; often not a scientifically established term.

Withdrawal

A physiological and psychological state characterized by symptoms that occur when stopping or drastically reducing the intake of a substance that was used regularly.

Tolerance

The reduced reactivity to an event with repeated experience.

Instinctive Behavior

Inherent actions or reactions that are performed without prior learning or experience, typically driven by genetic programming.