A Payee Can Be Considered a Holder in Due Course

question 33

True/False

A payee can be considered a holder in due course.

---

Definitions:

Pretend Play

A form of play in which children use their imagination to create scenarios, roles, and activities that are not present in reality.

Mental Acts

The processes of the mind that encompass thinking, perceiving, remembering, and reasoning activities.

Mutual Exclusivity Assumption

The logical principle used by children learning language that objects will each have only one name and that new names refer to previously unnamed objects.

Babinski Reflex

A reflex in which infants fan their toes when the undersides of their feet are stroked.