Multiple Choice
If drawers, makers, and subsequent indorsers were liable to a holder in due course, which of the following would not hold true?
A) Infancy
B) Forgery
C) Bankruptcy
D) Fraudulent alteration
E) Fraud in the execution
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q18: The rules about holders in due course
Q19: Raul makes a check payable to "Cash,"
Q20: Notice is limited to the receipt of
Q21: A holder in due course has a
Q22: Article 3 adopts a definition of "good
Q24: A holder in due course is subject
Q25: The Federal Trade Commission (FTC) in 1976
Q26: What are personal defenses?
Q27: A person who is not a holder
Q72: Prior payment is a real defense.