A holder in due course must show that he took the instrument (1)for fair value, (2)in good faith.and (3)without any alteration.

Name: A holder in due course must show that he took the instrument (1)for fair value, (2)in good faith.and (3)without any alteration.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A holder in due course must show that he took the instrument for value, in good faith, and without notice of any defects, not necessarily without any alteration.

A Holder in Due Course Must Show That He Took