Multiple Choice
Under what doctrine could a party who is aware that an instrument is overdue take that instrument and acquire the rights of a holder in due course?
A) The shelter principle.
B) The indorsement protection doctrine.
C) The personal defense doctrine.
D) The public policy exception.
E) The taking for value doctrine.
Correct Answer:

Verified
Correct Answer:
Verified
Q22: Which of the following is correct with
Q24: Which of the following describes the shelter
Q25: A holder cannot become a holder in
Q26: A holder in due course can acquire
Q28: Which of the following is true about
Q29: If Stanley Starre receives a check payable
Q30: Billy,a minor,buys a car form Ajax Auto
Q31: A person can become a holder in
Q32: A blank indorsement is one that does
Q58: The advantage of a holder in due