True/False
A person who knows that an instrument is overdue or has been dishonored cannot become a holder in due course.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q56: Art signs a promissory note payable to
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
Q62: It is necessary that one own the
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