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Ten-Year-Old Felicity Fell in Love with a Golden Retriever Puppy

Question 5

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Ten-year-old Felicity fell in love with a golden retriever puppy which she saw in the window of Pet World.She decided to use the money she had saved from her paper route to buy the dog and wrote a $300 check,payable to Pet World.Does Pet World qualify as a holder in due course?

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No.To be a holder in due course,a holder...

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