A holder does not take an instrument for value if he or she gives a negotiable instrument as payment

Insurance should be the risk manager's first option, with the other techniques applied only if the loss exposures cannot be insured.

a. true b. false

The two tests the U.S. Supreme Court has developed for determining the lawfulness of a restraint are the rule of reason and the ________

A) Noerr doctrine B) per se rule C) nolo contendere rule D) Colgate doctrine