Under the Shelter Rule,a Person Who Is Not a Holder

question 73

True/False

Under the shelter rule,a person who is not a holder in due course can obtain the rights of a holder in due course.

---

Definitions:

Legislative Enactments

Laws or statutes formally passed or approved by a legislative body.

Treaty

An agreement under international law entered into by sovereign states and international organizations.

United States Constitution

The supreme law of the United States, outlining the national frame of government and fundamental principles and rights.

Role-taking

The process of mentally assuming the perspective of another in order to understand their thoughts, feelings, or actions, often used as a basis for empathy and social interaction.