menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 4
  4. Exam
    Exam 32: Negotiation and Holder in Due Course
  5. Question
    If an Individual Holds a Note That Is Labeled Consumer
Solved

If an Individual Holds a Note That Is Labeled Consumer

Question 43

Question 43

True/False

If an individual holds a note that is labeled consumer paper then that individual cannot be a holder in due course.

Correct Answer:

verifed

Verified

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

Related Questions

Q38: An individual must be acting in good

Q39: In the context of overdue instruments,if a

Q40: Indorsements that state a condition to the

Q41: The transfer of an instrument:<br>A)vests in the

Q42: Pete Payee specially indorses a note payable

Q44: Tom contracts with Susan to build her

Q45: The new revision of Article 3 no

Q46: Negotiation,as defined by the UCC in section

Q47: A person who takes an instrument containing

Q48: An indorsement is a signature of the

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