Examlex

Solved

According to Struggle for Democracy, What Were Three Main Political

question 248

Essay

According to Struggle for Democracy, what were three main political ideas from the Declaration of Independence?


Definitions:

Holder in Due Course

A party who has acquired a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims that could be raised by prior parties.

Shelter Principle

A legal concept that allows a person who receives goods in good faith without knowledge of a defect in the title to sell them with a clear title.

Holder

A party in possession of a negotiable instrument.

Bearer

An individual in possession of a negotiable instrument or security that is payable to whomever holds the document.

Related Questions