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A Holder in Due Course

Question 10

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.

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