A Payee May Not Be a Holder in Due Course

question 20

True/False

A payee may not be a holder in due course.

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Definitions:

Serous Fluid

A clear, watery fluid secreted by serous membranes, helping to reduce friction between the internal organs.

Pharynx

Structure below the mouth and nasal cavities that is an organ of the respiratory system as well as the digestive system.

Esophagus

The muscular tube that connects the throat to the stomach, through which food and liquid travel during swallowing.

Constipation

A condition characterized by infrequent bowel movements or difficulty passing stools.