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Vikki [24]
3 years ago
10

4.) Becky Smith signed a note in the amount of $200,000 in favor of Country Home Loans, Inc., to obtain a loan to buy a house in

Marrero, Louisiana. The note was endorsed "Pay to the order of ____________ without recourse Country Home Loans, Inc." Almost five years later Smith defaulted on the payments. The Federal National Mortgage Association (Fannie Mae) wanted to foreclose on the house and sell it to recover the balance due. Smith argued that the words "to
Law
1 answer:
OverLord2011 [107]3 years ago
6 0

Becky Smith signed a note and she cannot own that property since the note was in country  home loans and he defaulted payment under that law.

Explanation:

The Situation is defined as

Pursuant to U.C.C . § 3-203, transfer of instrument is done when a instrument is delivcered by a person other than the issuer for the purpose of giving it to the receiver based on the right to enforce the instrument. The rights are the rights as a holder in due course. However the transfer cannot acquire rights of a holder in due course if the transferee is engaged in fraud or illegality affecting the instrument.

When an instrument is transferred for value, a transferee do not become a holder bacause of lack of indorsement. Highly, when a transferor proposes to transfer less than the entire instrument, the negotiation of the instrument does not occur.

The finest response to the argument of Fannie mae's is because Becky Smith signed a note and she cannot own that property since the note was in country  home loans and he defaulted payment under that law.

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the Southern states had tried to secede from the united states due to disagreements on slavery in the stated which then let to one of the biggest events which was the civil war.

Explanation:

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3. What is the difference between the Speaker of the House and the president pro
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It's c. The Speaker of the House is just in charge of the House. The president pro tempore is just in charge of the Senate.

Hope this helps!

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3 years ago
What are the pros and cons of the department of justice information and databases?
coldgirl [10]

Answer:

Criminal justice data is making a difference in a number of areas. These include: ... When these data points are geotagged, law enforcement can narrow the data further and use it to predict when and where certain types of crime are most likely to occur. In real-world usage, such data analytics have proven quite effective.

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7 0
3 years ago
Many European nations offer government services that are not offered in the United States. In order to do this, they require the
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The correct answer to this open question is the following.

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4 0
2 years ago
Which of the following is considered as innovative criminal defense strategy?
Likurg_2 [28]

Considering the available options, the choice that is considered as an innovative criminal defense strategy is "<u>battered women's syndrome."</u>

<h3>What is battered women's syndrome?</h3>

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Given the legal situation, battered women's syndrome is not a typical condition that is common but has been innovated by some defenders to justify their offense so they can get discharged and acquitted.

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Learn more about the criminal defense strategy here: brainly.com/question/11342133

5 0
2 years ago
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