A person can be a holder if:
A) the instrument has been issued to that person.
B) the instrument has been transferred to that person by negotiation.
C) the instrument is ambiguous.
D) Either the instrument has been issued to that person or the instrument has been transferred to that person by negotiation.
Correct Answer:
Verified
Q28: A negotiation is void if the transaction
Q29: Revised Article 3 provides that the impostor
Q30: David makes and delivers a promissory note
Q31: Any transfer for value of an instrument
Q32: An indorsement must be written on the
Q34: An indorsement "Pay Alice Adams" is an
Q35: The shelter rule did not exist at
Q36: Horst, a holder in due course, buys
Q37: To acquire the preferential rights of a
Q38: An executory promise, which is valid consideration
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents