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At 1aM, on the Sidewalk in Front of EZ Credit Corporation

Question 44

Multiple Choice

At 1a.m., on the sidewalk in front of EZ Credit Corporation, which is closed, Frank buys a $500 promissory note for $50 from Greg. When presented with Frank's demand for payment, Diane, the maker of the note, could successfully claim that Frank​


A) ​acquired the note with notice that it was overdue.
B) ​did not acquire the instrument in good faith.
C) ​did not give value for the instrument.
D) ​none of the choices.

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