Multiple Choice
A person can be a holder if:
A) the instrument has been issued to that person.
B) the instrument has been transferred to that person by negotiation.
C) the instrument is ambiguous.
D) Either the instrument has been issued to that person or the instrument has been transferred to that person by negotiation.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: Revised Article 3 provides that the impostor
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Q10: The impostor rule is an exception to
Q11: Any transfer for value of an instrument
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Q17: Identify the defenses that can be used
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Q68: The requirements for negotiation are the same