Was the Check Properly Delivered to Brad

question 59

Multiple Choice

Was the check properly delivered to Brad?

• A)Yes,because both Brad and the bank are considered holders in due course.
• B)Yes,because it was bearer paper,delivery occurred whenever possession was taken.
• C)No,because he was not intended to receive it.
• D)Yes,because it was order paper,delivery occurred whenever possession was taken.
• E)Yes,but only because it was thereafter presented to the bank and cashed.

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Definitions:

Socioeconomic Status

An indicator that determines a person's or household's social and economic status compared to others through their earnings, level of education, and job type.

Caloric Requirements

The amount of calories a person needs to consume daily to maintain their health and energy levels, varying by age, sex, weight, and activity level.

Age Range

The span of ages between the youngest and oldest individuals within a group or population.

Socioeconomic Status

A measure of an individual's or family's economic and social position relative to others, based on income, education, and occupation.