Which of the Following Does Not Prevent a Holder from Being

question 57

Multiple Choice

Which of the following does not prevent a holder from being a holder in due course?

• A) Notice that the instrument is overdue.
• B) Notice that the instrument has been dishonored.
• C) Notice that the instrument was issued as part of a series that is in default.
• D) Notice that the instrument has been altered or contains an unauthorized signature.
• E) Notice that an employee other than the treasurer of a company signed an instrument.

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Definitions:

Semantic Encoding

The process of encoding sensory information into memory, attaching meaning and significance to it.

Phonemic Encoding

Phonemic encoding is the process of breaking down and translating spoken words into their basic sound units or phonemes, facilitating language understanding and processing.

Semantic Encoding

The process of encoding sensory input that has particular meaning or can be applied to a context, into memory.

Short-Term Memory

The part of the memory system where small amounts of information can be stored for a short period of time.