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Will Is the Payee of a Promissory Note for $500

Question 29

Multiple Choice

Will is the payee of a promissory note for $500.James offers to mow Will's lawn five times in exchange for the note.Will agrees.After fifth time James mows Will's lawn,James is


A) an HDC.
B) not an HDC,because he has not fully performed his promise.
C) not an HDC,because he did not take the note in good faith.
D) not an HDC,because he did not check if the note was overdue.

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