Which of the following is not required in order for someone to be a holder in due course of a negotiable instrument?
A) taking the instrument directly from the maker or drawer
B) taking the instrument in good faith
C) taking the instrument without notice of any defenses
D) taking the instrument for value
Correct Answer:
Verified
Q23: Which of the following is true about
Q24: If a check has been marked "payment
Q25: What effect can indorsements have on the
Q26: Which of the following is the best
Q27: A holder of a negotiable instrument is:
A)
Q29: A holder,through a holder in due course,qualifies
Q30: A holder cannot become a holder in
Q31: To qualify as a holder in due
Q32: Wayne issues a draft payable to Molly.Molly
Q33: Negotiation of which type(s)of instrument requires indorsement?
A)
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