A Person Who Acquires the Instrument on Which the Last

question 15

True/False

A person who acquires the instrument on which the last indorsement is blank becomes a holder in due course.

---

Definitions:

Black Bile

In ancient and medieval medicine, one of the four bodily humors believed to be associated with melancholy.

Essential Fluid

A necessary or critical bodily fluid for physiological functions, such as blood, lymph, or cerebrospinal fluid.

Trephination

An ancient medical procedure that involves drilling or scraping a hole into the human skull to treat health problems, believed to release evil spirits.

Blood Circulation

The continuous movement of blood through the heart and blood vessels, delivering nutrients and oxygen to all parts of the body.