Multiple Choice
Which of the following is not a requirement for a person to be considered a holder in due course?
A) The person must have exercised due diligence in determining whether there were certain claims or defenses against the instrument's payment.
B) The person must have paid value for the instrument.
C) The person acquired the instrument in good faith.
D) The instrument cannot bear facial irregularities.
Correct Answer:
Verified
Correct Answer:
Verified
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