Multiple Choice
A holder in due course:
A) has greater obligations to pay an instrument than a mere holder.
B) must notify subsequent transferees of his holder in due course status.
C) can obtain greater rights to payment of an instrument than a holder.
D) can give greater rights to a transferee than he has as a holder in due course.
E) has less rights to payment of an instrument than a holder.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Generally,all parties to a negotiable instrument are
Q6: A signature in the upper-right corner of
Q7: The holder of a negotiable instrument has
Q8: A holder who does not qualify as
Q9: With few exceptions,an unauthorized indorsement is wholly
Q11: A holder in due course takes an
Q12: Under the Uniform Commercial Code,value has not
Q13: What does it mean for liability on
Q14: A party who signs an instrument for
Q15: Makers of promissory notes and certificates of