Under the shelter rule,a person who is not a holder in due course can obtain the rights of a holder in due course.
Correct Answer:
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Q28: A holder in due course would have
Q29: A bank "gives value" when it allows
Q30: A person is never entitled to enforce
Q31: An executory promise is the giving of
Q32: A person who takes a check stamped
Q34: A person other than the owner of
Q35: Revised Article 3 adopts a definition of
Q36: The shelter rule applies even if the
Q37: The Code provides that for checks,a reasonable
Q38: An indorsement must be written within 1
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