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Under the UCC's ________ Requirement, a Person Cannot Qualify as an HDC

Question 43

Multiple Choice

Under the UCC's ________ requirement, a person cannot qualify as an HDC if he or she has noticed that the instrument is overdue.


A) no evidence of forgery, alteration, or irregularity
B) taking in good faith
C) taking without notice of defect
D) taking for value

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