A Holder May Still Become a Holder in Due Course

question 52

Multiple Choice

A holder may still become a holder in due course if he or she is aware of which of the following defects?

• A) The instrument has been dishonored.
• B) The instrument is overdue.
• C) The instrument contains an unauthorized signature.
• D) The instrument contains a misspelled name.
• E) There is a claim to the instrument.

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Definitions:

Stickiness

In the context of websites and online services, it refers to the ability to retain users' attention and encourage repeated visits or prolonged engagement.

Cannibalism

In business, the reduction in sales volume, revenue, or market share of one product as a result of the introduction of a new product by the same company.

Glue

A substance used to bind materials together by surface attachment, ranging from simple household uses to complex industrial applications.

Clicks

The act of pressing a button on a mouse or similar device to interact with digital content, also used to measure user engagement on websites.