True/False
A holder in due course must show that he took the instrument (1)for fair value, (2)in good faith.and (3)without any alteration.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q14: Only the acceptor of a draft is
Q15: Big Bank is unable to provide notice
Q16: A(n)_ of a note is required to
Q17: Regardless of the holder's actions,she may stipulate
Q18: On May 15,2015,Jason indorsed a check dated
Q20: Charles writes a check payable to Jane
Q21: Assume there is a material alteration,but the
Q22: Which of these is true regarding "failure
Q23: Ted gave Stanley a $300 negotiable note
Q24: When one of the parties to a