Which of the Following Is False with Regard to a "Holder

question 60

Multiple Choice

Which of the following is false with regard to a "holder in due course"?

• A) A person cannot be a holder in due course if he knew the instrument had been obtained by the payee by fraud.
• B) A holder in due course is the same as the "drawee" or "acceptor."
• C) A person cannot be a holder in due course if he acquired the instrument in bad faith; e.g., he tricked the person into giving him the cheque.
• D) A holder in due course is in a better position to be paid by the drawer or maker of the instrument than is an immediate holder, because there are fewer defences against his claim for payment.
• E) A holder in due course cannot be an immediate party.

Recognize the potential of digital and non-traditional retailing methods.

Learn about the environmental and ethical considerations in retail.

Understand the franchise model and the operation of service departments in retail.

Understand the significance of identification in a sales or lease contract.

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Definitions:

Muscular Dystrophy

A group of genetic disorders characterized by progressive weakness and degeneration of skeletal muscles over time.

Adult Weight

The body weight of an individual after fully completing physical growth, typically measured during adulthood.

Brain

The organ located in the head of humans and other animals that is the center of the nervous system, responsible for interpreting sensory inputs, coordinating involuntary and voluntary movements, and facilitating cognitive processes.

Percentage

A proportion or share in relation to a whole, represented as a fraction of 100.