A holder,through a holder in due course,qualifies for the rights of a holder in due course under the shelter principle.

Question

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The shelter principle states that a holder who derives his or her title through a holder in due course acquires the same rights as a holder in due course. Therefore, a holder who obtains the instrument through a holder in due course qualifies for the rights of a holder in due course under the shelter principle.

A Holder,through a Holder in Due Course,qualifies for the Rights