Neither an ordinary holder nor an HDC can enforce an instrument that was originally incomplete and later completed in an unauthorized manner.

Question

Quizplus · Accepted Answer

An HDC (Holder in Due Course) can enforce an instrument that was originally incomplete and later completed, even if it was completed in an unauthorized manner, because their status provides them protection against many defenses that could be raised against ordinary holders.

Neither an Ordinary Holder nor an HDC Can Enforce an Instrument