Instructions: Identify the Following

question 39

Short Answer

Instructions: Identify the following. Be as specific as possible, and include names, dates, and relevant facts as appropriate. Be sure to explain the significance of the person or term.
John Wesley Powell

---

Definitions:

Holder in Due Course

A party who has acquired a negotiable instrument in good faith, for value, and without notice of any defects, and thus has certain legal protections.

Protections

Measures or provisions put in place to guard against harm, damage, or legal infringement, particularly in legal, economic, and technological contexts.

Negotiable Instrument

A textual document that pledges the payment of an exact monetary amount, to be made either when asked or at a predetermined time, and it specifies who will make the payment.

Sum Certain

A legal term referring to a specified or fixed amount of money.