In a Win-Win Strategy, How Is It Possible for Both

question 35

Essay

In a win-win strategy, how is it possible for both sides of a conflict to end up feeling like winners?

---

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.