menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law and the Regulation of Business Study Set 2
  4. Exam
    Exam 25: Transfer and Holder in Due Course
  5. Question
    A Holder Need Not Actually Have the Instrument in His
Solved

A Holder Need Not Actually Have the Instrument in His

Question 33

Question 33

True/False

A holder need not actually have the instrument in his possession.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: A qualified indorsement destroys negotiability.

Q28: Michael issues a check to Paula. She

Q29: Opal had a check for $294 made

Q31: "Order paper" is negotiated by delivery only.

Q34: The customary manner of disclaiming the indorser's

Q34: The case, State of Qatar v. First

Q35: A restrictive indorsement:<br>A) disclaims contract liability.<br>B) removes

Q36: Personal defenses include all but:<br>A) lack of

Q49: The transfer of a nonnegotiable promise or

Q68: Delivery alone is insufficient to negotiate an

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines