menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 25: Transferability and Holder in Due Course
  5. Question
    An Instrument Is Not Defective Simply Because It Is Overdue
Solved

An Instrument Is Not Defective Simply Because It Is Overdue

Question 24

Question 24

True/False

An instrument is not defective simply because it is overdue.

Correct Answer:

verifed

Verified

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

Related Questions

Q19: Petra signs a check payable to Quincy,who

Q20: Tiffany transfers a draft by signing it

Q21: Mike receives a payroll check from National

Q22: To pay for investment advice from financial

Q23: Velma transfers a note by signing it

Q25: A person who accepts an instrument that

Q26: A negotiable instrument can only be transferred

Q27: Jill,in good faith and for value,gets from

Q28: Gina writes and signs a check payable

Q29: An instrument payable to two persons jointly

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