In Which of the Following Situations Is the Obligor Not

question 32

Multiple Choice

In which of the following situations is the obligor not likely to be fully discharged from his or her liability on a negotiable instrument?

• A)Jerry wrote a check to Elaine.Elaine cashes the check later.
• B)Edward lends Monica $1,000 toward her college expenses.She gives Edward a promissory note for $1,000,which Edward accidentally tears up.
• C)On June 1,2002,Kim receives a draft from Kurt payable on July 1,2002.Kurt then pays her in cash and cancels the draft.
• D)John fraudulently increases the amount due on the check from Bruce.

Analyze the impact of locus of control on personal outcomes and work behavior.

Distinguish between different types of learning and processing information as per psychological theories.

Appreciate the importance of self-awareness and vision in personal development and leadership.

Recognize the significance of cultural understanding and sensitivity in interpersonal relations and leadership.