A Holder Becomes a Holder in Due Course If They

question 23

Multiple Choice

A holder becomes a holder in due course if they meet all the following requirements except:

• A) Takes the instrument for value
• B) Takes the instrument in good faith.
• C) Takes an instrument with no notice of defects.
• D) Takes an instrument that runs to him.

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Definitions:

Influence People

The capacity or power to be a compelling force on the actions, behavior, opinions, or thinking of others.

Attractiveness

The quality of being pleasing or appealing to the senses, often used in the context of physical appearance but can also apply to personalities, ideas, or objects.

Remaining Predictable

The quality or state of behaving or occurring in a way that is expected and consistent over time.

Secret Wishes

Concealed hopes or desires that an individual privately cherishes but may not openly express.