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1. Real defenses" to a negotiable instrument go to the validity of the instrument and do...

1. Real defenses" to a negotiable instrument go to the validity of the instrument and do not apply to a Holder in Due Course.

Question 1 options: True or False

2. An agreement to sell takes place when title or ownership is transferred from seller to buyer sometime in the future. True or False

3.

Requirements for a Holder in Due Course of a Negotiable Instrument include which of the following:

Question 6 options:

gives good value for the instrument

takes the instrument in good faith

takes the instrument without notice of defects or alterations

all of the above are requirements for a Holder in Due Course
business   Operations-Management   
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Answer #1

Answer 1- The correct option is True.

Answer 2- The correct option is True.

Answer 3- All of the above are requirements for a Holder in Due Course is a correct option.

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