When a holder has taken so many instruments from its transferor or is so closely connected with the transferor that any knowledge the transferor has is deemed transferred to the holder, preventing holder in due course status the ______ doctrine applies. O constructive partnership close-connection symbiotic relationship collaborative relationship
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A consensual fiduciary relationship in which one party acts on behalf of and under the control of another in dealing with third parties, is the definition of:_______
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10. Lloyd, an attorney, was appointed guardian of Ernest Parker. Two years later, he was appointed guardian of Virginia Hockenberry. That same year, he agreed to represent David Isaac in the purchase of a plot of real estate from Debra Taylor. On several occasions, Lloyd deposited client settlement checks into his own account. The funds received were therefore commingled with the funds in his personal account. He later used these funds to pay for his student loans, his automobile loan, his insurance, his taxes, his outstanding credit card bills, and his barber. Identify the duties that Lloyd has violated in relation to his principals, Parker, Hockenberry, and Isaac. [See: Office of Disciplinary Counsel v. Lloyd, 643 N.E.2d 1086 (OH).]
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