In the Triffin v.Cigna Insurance Co.case, the court:
A) dealt with the issue of whether a payee could be a holder in due course.
B) ruled on a case involving the shelter provision of the UCC.
C) stated that negotiation is only one of three ways for a holder to claim the status of holder in due course.
D) found that the party seeking holder in due course status did not take the instrument for value.
Correct Answer:
Verified
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