Levi, a Well-Known Lumber Dealer with a Good Reputation, Buys

question 61

Multiple Choice

Levi, a well-known lumber dealer with a good reputation, buys a load of lumber and pays for it with a check that is later dishonored. Sam, who is unaware of the bad check, buys the lumber from Levi. Sam is a(n)

• A) good faith purchaser.
• B) bad faith purchaser.
• C) insolvent purchaser.
• D) bailee.

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Definitions:

Cerebellum

A major structure of the hindbrain that is responsible for fine motor control, balance, and coordination.

Little Brain

Another term for the cerebellum, a part of the brain that plays an important role in motor control, and it may also be involved in some cognitive functions.

Midbrain

A part of the brainstem that plays an important role in the processing of visual and auditory information and in the control of eye movements and body movement.

Executive Control Center

A term often associated with the prefrontal cortex of the brain, responsible for decision making, planning, and regulating behavior.