Which of the Following Qualifications Renders a Person a Holder

question 10

Multiple Choice

Which of the following qualifications renders a person a holder in due course of a negotiable instrument?

• A) he takes the negotiable instrument for value
• B) he is subject to claims and defenses against the transferor
• C) he is in possession of an instrument issued in his name
• D) he is in possession of an instrument issued in another's name

---

Definitions:

Deformities

are physical abnormalities or misshapen parts of the body, often present from birth or developed later in life, that deviate from the normal shape or size.

Rubella

A contagious viral infection best known by its distinctive red rash, also known as German measles.

Deafness

Deafness is a condition characterized by the partial or complete inability to hear, which can result from genetic factors, age, exposure to loud noise, illnesses, or injuries.

Emerging Adulthood

A phase of life between adolescence and full-fledged adulthood, characterized by exploration and instability in love, work, and worldviews.