If an instrument is negotiable under the UCC, the instrument may be freely traded in the market place without concern for any existing contract responsibilities, so long as the instrument is in the possession of a holder in due course.

Name: If an instrument is negotiable under the UCC, the instrument may be freely traded in the market place without concern for any existing contract responsibilities, so long as the instrument is in the possession of a holder in due course.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The Answer is True

If an Instrument Is Negotiable Under the UCC, the Instrument