Which of the Following Describes the Shelter Principle

Multiple Choice

Which of the following describes the shelter principle?

A) In order to receive the benefits of a holder in due course status,all holders must qualify as holders in due course.
B) Anyone who does not meet holder in due course requirements can obtain the same rights as a holder in due course through the shelter principle.
C) The shelter principle gives additional special rights to only those who qualify as a holder in due course.
D) One who takes an instrument from a holder in due course can often obtain the rights of a holder in due course,even if that transferee does not meet the requirements of a holder in due course.