To Have the Status of a Holder in Due Course

question 36

True/False

To have the status of a holder in due course, a person must first be a holder.

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Definitions:

Vigilance Requirement

The need for sustained attention and alertness over prolonged periods to detect and respond to small or infrequent changes or signals.

Treisman's Theory

A theory proposed by Anne Treisman that emphasizes the importance of attention in perception, particularly in integrating features into cohesive objects.

Unattended Information

Information that is present in the environment but is not the focus of attention and thus is not processed deeply or remembered well.

Filter Theory

A psychological theory proposing mechanisms for selectively attending to certain stimuli while ignoring others, particularly in contexts of processing information.