A holder who is neither a holder in due course nor a holder through a holder in due course is subject to every defense, just as though the instrument were not negotiable
Indicate whether the statement is true or false
True
You might also like to view...
Considering Hofstede's notion of culture as "the collective programming of the mind," then attitudes can be defined as:
A) a learned tendency to respond in a consistent way to a given object or entity. B) an organized pattern of knowledge that an individual holds to be true about the world. C) an enduring belief or feeling of a specific mode of conduct. D) a personally or socially preferable mode of conduct. E) the deepest level of a culture present in the majority of the members of a particular culture.
Discuss the six general categories of tests of IT controls
Under FMLA, employers must maintain health insurance benefits and give workers their previous jobs (or comparable positions) when their leaves are over.
Answer the following statement true (T) or false (F)
A firm whose equity has a beta of 1.0:
A) has greater systematic risk than the market portfolio. B) stands little chance of surviving in the international financial market place. C) has less systematic risk than the market portfolio. D) None of the above is true.