Explain the requirement for a holder in due course (HDC) under the Uniform Commercial Code (UCC) that there be no evidence of forgery, alteration, or irregularity with respect to a negotiable instrument
What will be an ideal response?
The UCC has a no evidence of forgery, alteration, or irregularity requirement. Under this rule, a holder does not qualify as an HDC if at the time the instrument was issued or negotiated to the holder, it bore apparent evidence of forgery or alteration or was otherwise so irregular or incomplete as to call into question its authenticity. Clever and undetectable forgeries and alterations are not classified as obvious irregularities. Determining whether a forgery or an alteration is apparent and whether the instrument is so irregular or incomplete that its authenticity should be questioned are issues of fact that must be decided on a case-by-case basis.
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a. consumer sophistication and confidence b. gender roles c. component lifestyles d. poverty of time
Project management maturity models are NOT used to:
A) Compare practices against an industry standard. B) Define a systematic route for improving project management practices. C) Evaluate current project management practices. D) Ascertain all stakeholders relevant to a project in the conceptualization phase.