Multiple Choice
An instrument is said to "run" to a holder if it contains any of the following attributes, except:
A) payable to his or her order.
B) bearer paper.
C) indorsed to him or her.
D) universal defenses.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: If a holder learns of a defense
Q30: A person who acquires a negotiable instrument
Q31: A taker of an instrument who is
Q32: The FTC rule, which provides that a
Q33: A holder through a holder in due
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