True/False
It is necessary that one own the instrument to be a "holder."
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q57: An indorsement limiting payment to a particular
Q58: A person other than the owner of
Q59: An indorsement that is not in the
Q60: A bearer instrument is comparable to cash
Q61: A person who knows that an instrument
Q63: An indorsement may be written on a
Q64: One who is in possession of a
Q65: A "holder" may transfer the instrument,negotiate it,enforce
Q66: Alice Jones receives a bonus of $500
Q67: The Code provides that for checks,a reasonable