Examlex
Which of the following statements is TRUE?
Assignable
Capable of being transferred or made over to someone else, typically referring to rights or property.
Holder in Due Course
A legal term referring to a person who has acquired a negotiable instrument in good faith for value and without notice of any defects in title.
Parties
Individuals or entities involved in a legal proceeding, contract, or agreement.
Checks
Written, dated, and signed instruments that direct a bank to pay a specific sum of money from the drawer's account to the person or entity in whose name the check has been issued.
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