A holder of a negotiable instrument can not claim to be a holder in due course if (s) he : Possesses a negotiable instrument . Knows the instrument...
Question Get Answer

53.

A holder of a negotiable instrument cannot claim to be a holder in due course if(s)he:a.Possesses a negotiable instrument.

b.Knows the instrument is overdue.c.Unknowingly holds an instrument with a forged signature.d.Takes the instrument free from disputes between the drawer and drawee.
Background image

Uploaded by: VenusApradi

Subject: Business, Finance

Why Join Course Hero?

Course Hero has all the homework and study help you need to succeed! We’ve got course-specific notes, study guides, and practice tests along with expert tutors.

  • -

    Study Documents

    Find the best study resources around, tagged to your specific courses. Share your own to gain free Course Hero access.

    Browse Documents
  • -

    Question & Answers

    Get one-on-one homework help from our expert tutors—available online 24/7. Ask your own questions or browse existing Q&A threads. Satisfaction guaranteed!

    Ask a Question