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
    For an Ordinary Holder to Become an HDC, the Person
Solved

For an Ordinary Holder to Become an HDC, the Person

Question 69

Question 69

True/False

For an ordinary holder to become an HDC, the person from whom the holder acquired a negotiable instrument must have acted in good faith.

Correct Answer:

verifed

Verified

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

Related Questions

Q26: A negotiable instrument can only be transferred

Q39: Vladimir negotiates a bearer instrument to Wendy

Q64: Knowledge of one defense does not preclude

Q66: Fact Pattern 25-A1 <br>Quiky Delivery Company contracts

Q67: Mona wants to negotiate a bearer instrument

Q70: Fact Pattern 25-1B <br>First Bank's account agreement

Q71: An HDC takes a negotiable instrument free

Q72: A blank indorsement converts a bearer instrument

Q73: Yves negotiates an instrument to Zack. Negotiation

Q74: An instrument is defective if it has

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