A person who in good faith acquires a negotiable instrument from a thief cannot become an HDC under any circumstances.
Correct Answer:
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Q24: A purchaser can become an HDC of
Q25: Any irregularity on the face of an
Q26: An instrument is defective if it has
Q27: The good faith requirement applies to both
Q28: For a check, a "reasonable time" is
Q30: Allie signs a check payable to Bess,
Q31: It is possible for a person who
Q32: A holder takes an instrument for value
Q33: There are some limitations on the shelter
Q34: An instrument is dishonored when the party
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