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Jill, in Good Faith and for Value, Gets from Kiley

Question 48

Multiple Choice

Jill, in good faith and for value, gets from Kiley a negotiable bearer instrument. Jill does not know that Kiley stole the instrument. Jill is​


A) an HDC.​
B) ​not an HDC, because Kiley did not acquire the instrument for value.
C) ​not an HDC, because Kiley did not acquire the instrument in good faith.
D) ​not an HDC, because the instrument is a bearer instrument.

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