If Garren Properly Presents the Note to Dexter and Dexter

question 69

Multiple Choice

If Garren properly presents the note to Dexter and Dexter simply writes "dishonor" on the note,is there a proper notice of dishonor?

• A)No,because the notice does not identify the instrument in question.
• B)Yes,because if the word "dishonor" on the instrument is sufficient to constitute notice.
• C)No,unless Garren specifically states that he is dishonoring the note.
• D)No,because simply writing "dishonor" is insufficient to constitute notice.
• E)No,because Garren did not sign his name.

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Definitions:

Expected Market Rate

The anticipated return on investment in the financial markets based on historical data and market analysis.

Expected Rate of Return

The weighted average of all possible returns for an investment, incorporating all risks of its potential outcomes and their probabilities.

Boeing

An American multinational corporation that designs, manufactures, and sells airplanes, rotorcraft, rockets, satellites, and telecommunications equipment.

Risk-Free Rate

The theoretical rate of return on an investment with no risk of financial loss.