Which of the Following Does Not Prevent a Holder from Being

question 57

Multiple Choice

Which of the following does not prevent a holder from being a holder in due course?

• A) Notice that the instrument is overdue.
• B) Notice that the instrument has been dishonored.
• C) Notice that the instrument was issued as part of a series that is in default.
• D) Notice that the instrument has been altered or contains an unauthorized signature.
• E) Notice that an employee other than the treasurer of a company signed an instrument.

---

Definitions:

Consideration

The process of thoughtful and careful reflection on various aspects or details of a situation, decision, or action.

Active-voice Verbs

Verbs that depict the subject of a sentence as the doer of an action.

Business Writing

Business writing encompasses the professional communication of ideas, proposals, and information within a business context, employing a clear, concise, and formal style.

First-person Pronouns

Pronouns that refer to the speaker or writer themselves, such as "I," "me," "my," and "we."