The advantage of a holder in due course over a simple holder of an instrument is that the holder

in due course can:

A) Collect on the instrument even if it has been forged.
B) Collect on the instrument if the maker or drawer asserts a personal defense.
C) Indorse the instrument "without recourse" thus limiting his liability.
D) Collect punitive damages from a party who wrongly does not pay a negotiable
instrument.
E) Transfer the instrument to others, thus using it as a substitute for money.

B

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Which of the following is least effective when creating lists?

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When trying to persuade someone it is important to prepare responses for potential objections in advance

Indicate whether the statement is true or false

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