Under the Shelter Principle

question 4

Multiple Choice

Under the Shelter Principle:

• A)The transferee does not acquire all the rights the transferor had in the item.
• B)A holder may acquire the rights and privileges of an HDC even if the instrument is not transferred directly from an HDC.
• C)A holder may not acquire the rights of an HDC unless the instrument is transferred directly from an HDC.
• D)The holder may not acquire the rights of an HDC if the instrument has been previously dishonored.
• E)A holder who engages in fraud still may become an HDC if he or she later obtains the instrument from an HDC.

---

Definitions:

Stationary and Mobile Computer Systems

refers to computer systems that are either fixed in one location (stationary) or designed to be moved easily (mobile), each serving different computing needs.

Deutsch Connector Terminals

Electrical connector components designed for robust and secure connections in challenging environments, often used in automotive and industrial applications.

Insulation Stripped

The condition where the protective outer layer of wiring is removed or worn away, exposing the conductive material.

Modem

Telecommunications device that translates digital signals to analog for transmission.