A holder in due course has much greater certainty of payment under a negotiable instrument than an ordinary holder.

Name: A holder in due course has much greater certainty of payment under a negotiable instrument than an ordinary holder.
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Question

Quizplus · Accepted Answer

A holder in due course has greater protection under the law and is less affected by certain defenses that could be raised against an ordinary holder, thus having a higher certainty of payment.

A Holder in Due Course Has Much Greater Certainty of Payment