A holder can take an instrument for value if the holder acquires a security interest or some other lien in the instrument.
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Q8: A party who signs an instrument to
Q9: A payee can be considered a holder
Q10: According to the Uniform Commercial Code,a signature
Q11: According to the shelter principle,if a holder
Q12: A holder in due course must take
Q14: When a party receives a negotiable instrument
Q15: The Uniform Commercial Code's definition of good
Q16: A party who is conditionally liable on
Q17: According to the Uniform Commercial Code,a party
Q18: When a party signs a negotiable instrument
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