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

Question 26

Multiple Choice

Diego is the payee of a bearer instrument-a promissory note in the amount of $1,000. Emil offers to harvest Diego's field of alfalfa in October in ex?change for the note. Diego agrees and delivers the note to Emil. Emil is not an HDC of the note because he


A) was not the original payee on the note.
B) did not take the note without notice.
C) did not acquire the note in good faith.
D) did not give value for the note.

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