A holder in due course must take a negotiable instrument

a. within 90 days of its execution.
b. with knowledge of all defenses against it.
c. without notice of any defense against its enforcement.
d. for cash.

Answer: c. without notice of any defense against its enforcement.

Business

You might also like to view...

The S&P 100 Index implied volatility since 2003 is published by the CBOE under the ticker symbol:

A) IVX B) SP1X C) VIX D) VXO

Business

The purpose of the _________ algorithm is to enable two users to exchange a secret key securely that then can be used for subsequent encryption of messages and depends on the difficulty of computing discrete logarithms for its effectiveness

A. Diffie-Hellman ? B. RSA C. DSS ? D. Rivest-Adleman

Business