In Order to Become a Holder in Due Course,one Must

question 57

Multiple Choice

In order to become a holder in due course,one must take a negotiable instrument without notice of the following except:

• A) that the instrument is overdue.
• B) that the instrument has been dishonored.
• C) that the instrument was signed by an agent.
• D) that there was a claim to it by another person.
• E) that there is a defense against it.

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Definitions:

We-viewpoint

A communication strategy that emphasizes shared perspectives and collective interests, often used to foster teamwork and collaboration.

Prefatory Part

The initial section of a book or document that includes introductory material, such as a foreword or preface, setting the stage for the main content.

Objective

A specific, measurable, achievable, relevant, and time-bound goal that guides actions and decisions.

We-viewpoint

A perspective in writing or speech that emphasizes collective experience or opinion, often using pronouns like "we" or "our."