A person who acquires an instrument knowing that the instrument contains an unauthorized signature can still be afforded HDC protection.
Correct Answer:
Verified
Q13: A promissory note can be a negotiable
Q17: A special indorsement names the indorsee.
Q20: To be negotiable,an instrument must be payable
Q20: When there is a breach of an
Q23: When an instrument is dishonored,only written notice
Q25: On April 1 Richard arranges to buy
Q26: Sarah has a checking account at Secure
Q27: A person cannot become an HDC if
Q36: Instruments that say nothing about when payment
Q37: Discharge in bankruptcy is no defense on
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