Which of the following is correct with regard to a holder in due course?
A) A holder in due course must notify subsequent transferees of his holder in due course
status.
B) A holder in due course can give greater rights to a transferee than he has as a holder in
due course.
C) A holder in due course can obtain greater rights to payment of an instrument than his
transferor had.
D) A holder in due course is primarily liable on an instrument.
C
Business
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Indicate whether the statement is true or false.
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The internal failure known as ________ occurs when an item is unfit for further processing
Fill in the blanks with correct word
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