menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 2
  4. Exam
    Exam 25: Transferability and Holder in Due Course
  5. Question
    A Holder Takes an Instrument for Value If He or She
Solved

A Holder Takes an Instrument for Value If He or She

Question 16

Question 16

True/False

A holder takes an instrument for value if he or she accepts the instru?ment as security for an antecedent debt.

Correct Answer:

verifed

Verified

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

Related Questions

Q11: Any installment note payment that is less

Q12: Tyrone transfers a note by signing it

Q13: Dora receives a check from Eagle Corporation.Dora

Q14: A holder takes an instrument for value

Q14: If a note is payable on a

Q17: A restrictive indorsement requires an indorsee to

Q18: Troy transfers a draft by signing it

Q19: Good faith, for purposes of UCC Article

Q21: A negotiable instrument can be transferred by

Q23: Velma transfers a note by signing it

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