Examlex
Which of the following statements regarding hostile individuals is not accurate?
Material Alteration
A significant change or modification to a document or item that changes its legal effectiveness or meaning.
Holder In Due Course
A person who has acquired a negotiable instrument in good faith for value and without notice of any defects.
Forged
Refers to the illegal modification or creation of a document, artwork, or signature with the intent to deceive.
Negotiable Instrument
A document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
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