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    Business Law and the Regulation of Business Study Set 2
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    Exam 25: Transfer and Holder in Due Course
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    Kripps, Who Is a Holder in Due Course, Buys a Note
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Kripps, Who Is a Holder in Due Course, Buys a Note

Question 27

Question 27

True/False

Kripps, who is a holder in due course, buys a note made by Aldridge, who is under bankruptcy protection, to Huron Motors. Even though Aldridge's debt was discharged through bankruptcy, Kripps can collect on the note.

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