Elinor performs ten hours of house cleaning for Zack in exchange for a promissory note for $400.At the time that Elinor accepts the note,she is aware that bankruptcy proceedings are being filed against Zack.Elinor
A)can obtain HDC status.
B)cannot obtain HDC status,because she knows that there are bankruptcy proceedings against Zack.
C)cannot obtain HDC status,because she did not fulfill the value requirement.
D)cannot obtain HDC status,because she did not fulfill the good faith requirement.

Question

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The Answer of Elinor performs ten hours of house cleaning for Zack in exchange for a promissory note for $400.At the time that Elinor accepts the note,she is aware that bankruptcy proceedings are being filed against Zack.Elinor
A)can obtain HDC status.
B)cannot obtain HDC status,because she knows that there are bankruptcy proceedings against Zack.
C)cannot obtain HDC status,because she did not fulfill the value requirement.
D)cannot obtain HDC status,because she did not fulfill the good faith requirement.

Elinor Performs Ten Hours of House Cleaning for Zack in Exchange