Edie Is the Payee of a Bearer Instrument-A Promissory Note

question 35

Multiple Choice

Edie is the payee of a bearer instrument-a promissory note in the amount of $1,000.Frank offers to irrigate Edie's ranch next week in ex?change for the note.Edie agrees and delivers the note to Frank.Frank is

• A)an HDC,because he promised to perform services at a future date.
• B)not an HDC,because he did not take the instrument without notice.
• C)not an HDC,because he did not acquire the instrument in good faith.
• D)not an HDC,because he did not yet give value for the instrument.

Understand the principles of contract formation including offer, acceptance, and consideration.

Identify the sources of contract law, including common law and statutory law.

Distinguish between different types of contracts (express, implied, unilateral, and bilateral).

Comprehend the role and applicability of the Uniform Commercial Code in contract law.

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Definitions:

Nurse ONE

A reference to a primary, key nurse in a healthcare setting, emphasizing their first-point role or singular importance.

ICNP

The International Classification for Nursing Practice, a standardized vocabulary that allows nurses to describe and report their work across global healthcare environments.

E-Nursing Strategy

The use of digital information and communication technologies in the nursing profession to improve patient care and enhance nursing practices.

CNA

A Certified Nursing Assistant who provides basic patient care under direction of nursing staff.