A holder is a party in possession of an instrument that "runs" to him.An instrument runs to a party if it is:
A) payable to his or her order.
B) bearer paper.
C) indorsed to him or her.
D) all of the above.
Correct Answer:
Verified
Q21: An altered instrument can be enforced according
Q24: An instrument may be negotiated even though:
A)
Q26: For a change to constitute an alteration,
Q27: Jones issued a check to Smith in
Q28: A holder in due course must meet
Q30: Which of the following will not be
Q33: A taker of an instrument who is
Q34: Under the _doctrine, the holder has taken
Q35: Presentment occurs when the primary party refuses
Q36: Economic duress, in the form of a
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents