Which of the Following Is Not Required in Order for Someone

question 108

Multiple Choice

Which of the following is not required in order for someone to be a holder in due course of a negotiable instrument?

• A) take the instrument directly from the maker or drawer
• B) take the instrument in good faith
• C) take the instrument without notice of any defenses
• D) take the instrument for value
• E) take the instrument without apparent evidence of forgery, alterations, or irregularity

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Definitions:

Challenging Activity

An undertaking that requires considerable effort or skill, serving to stimulate and engage individuals.

Skill Level

The degree of competence or proficiency one has in performing a specific task or set of tasks.

Engaging Activity

An action or task that captures one’s attention and interest, leading to active participation or involvement.

Physically Challenging

Describes activities or tasks that require significant physical effort, endurance, or strength to accomplish.