At 1 A.M. on the sidewalk in front of Ace Credit Corporation, which is closed, Ben buys a $500 promissory note for $50 from Curt. When presented with Ben’s demand for payment, Diane, the maker of the note, could successfully claim that Ben:
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 above.

The circumstances surrounding Ben and Curt's transaction were not normal. It was way too late at night and in the middle of the street. Probably Curt didn't even give some type of receipt to Ben. The circumstances are very suspicious and that leads to believe that Ben is not a normal financier.

This transaction did not happen in a normal and ordinary fashion, and sometimes the way you do business is important.

Parrain Parrain · Answer 2 · 2022-03-10T11:22:53+01:00

Diane who is the maker of the note, can successfully claim in relation to paying Ben that he b.Did not acquire the instrument in good faith.

Ben must have induced Curt into selling the note by some way or another because Curt sold a $500 note for only $50 which is 10 times smaller than its value.

The timing of the transaction was also quite late. Diane could therefore argue that this transaction was not done in good faith.

In conclusion, option B is correct.

Find out more on good faith in transactions at https://brainly.com/question/25691659.