On which of the following requirements to be a holder in due course is The Buckeye Check Cashing, Inc. v. Camp case based?
A) Prior holder of a negotiable instrument
B) Holding instrument without notice
C) Valid claim or defense by any party
D) Uncured default with respect to payment of another instrument
E) Good faith and reasonable commercial standards

Question

Quizplus · Accepted Answer

The Buckeye Check Cashing, Inc. v. Camp case is based on the requirement of good faith and reasonable commercial standards to be a holder in due course.

On Which of the Following Requirements to Be a Holder