To Be a Holder in Due Course,the Person in Possession

question 4

True/False

To be a holder in due course,the person in possession of the instrument must first give consideration and then be an indorser.

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Definitions:

Prison Rape

Sexual assault and abuse that occurs within the prison system, often perpetuated by inmates or staff, marked by a significant power imbalance.

Motivation

The process that initiates, guides, and maintains goal-oriented behaviors, driven by desires or needs.

Power

Power is the ability or capacity to influence or control the behavior of others or the course of events.

Prison Rape Rate

The frequency with which inmates experience sexual assault or rape within a prison setting.