Jose receives a promissory note from his grandmother as a birthday present. Is Jose a holder in due course (HDC) with respect to the note?
A) No, because the note was a gift
B) No, because the note was signed by a relative
C) Yes, because the note was a gift made in good faith
D) Yes, because although the note was a gift, Jose took it without notice
Correct Answer:
Verified
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