A Holder of a Negotiable Instrument Cannot Claim to Be

question 36

Multiple Choice

A holder of a negotiable instrument cannot claim to be a holder in due course if (s) he:

• A) possesses a negotiable instrument.
• B) knows the instrument is overdue.
• C) unknowingly holds an instrument with a forged signature.
• D) takes the instrument free from disputes between the drawer and drawee.

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Definitions:

Freshman Fifteen

The term commonly used to refer to the weight gain, typically around fifteen pounds, that some new college students experience in their first year.

Anorexia Nervosa

A disorder related to eating, marked by a profound dread of weight gain and a skewed perception of one's body, resulting in extreme limitations on food consumption.

Bulimia Nervosa

An eating disorder characterized by episodes of binge eating followed by compensatory behaviors like vomiting, fasting, or excessive exercise.

Chef

A professional cook who is usually responsible for planning menus, overseeing kitchen staff, and ensuring the quality of meals in restaurants and other dining establishments.