Solved

A Good Faith Purchaser Is One Who Purchases a Document

Question 33

Multiple Choice

A good faith purchaser is one who purchases a document of title:


A) For value, in good faith, in the ordinary course of business.
B) For value, in good faith, directly from the seller.
C) In good faith and by endorsement from the seller's bank.
D) With understanding that the seller had acted in good faith in selling the goods.

Correct Answer:

verifed

Verified

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

Related Questions