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Home Q & A Board Humanities Legal Studies
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madmadmad madmadmad
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6 years ago
To be found a holder in due course, a transferee must:
 a. be in possession of an instrument in the form of either a draft or a check (but not a note) made out to bearer
 b. have agreed in writing not to be bound as a contractual assignee
  c. have given value for the negotiable instrument, taken it without knowledge of any defects and in good faith d. provided a signed unconditional writing, promising (or ordering to pay), at a specified time in the future andmade out to order or to bearer
 e. all of the other choices are required to be a holder in due course
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erinharriserinharris
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6 years ago
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madmadmad Author
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6 years ago
This site is awesome
Shassta22
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Thanks for your help!!
missnoname
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2 hours ago
Good timing, thanks!
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