menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 29: Liability of the Parties Under Negotiable Instruments
  5. Question
    A Holder Who Is Neither a Holder in Due Course
Solved

A Holder Who Is Neither a Holder in Due Course

Question 40

Question 40

True/False

A holder who is neither a holder in due course nor a holder through a holder in due course is subject to every defense, just as though the instrument were not negotiable.

Correct Answer:

verifed

Verified

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

Related Questions

Q35: A universal defense is so basic that

Q36: To have the status of a holder

Q37: A(n) _ is an unauthorized change or

Q38: A holder can recover from any of

Q39: A holder is on notice that an

Q41: Ordinarily, a maker's lack of capacity may

Q42: Bill decided that it was time to

Q43: In 1976 the FTC adopted a rule

Q44: Parties with rights in a negotiable instrument

Q45: An altered instrument can be enforced according

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