A person can become an HDC only by acquiring an instrument with no?tice of any defense against payment on it.
Correct Answer:
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Q1: An indorser is secondarily liable on an
Q17: An unauthorized signature never binds the person
Q32: For an ordinary holder to become an
Q33: An instrument is dishonored when its acceptance
Q34: An acceptor is secondarily liable on an
Q38: Doug writes a check for $200 payable
Q39: A person whose name is forged on
Q40: A person can become an HDC only
Q41: Ida executes an instrument in favor of
Q42: Kelly signs an instrument in favor of
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