The Holder in Due Course rule:

A. states that all defenses available to the purchaser against the seller are also available against the holder in due course.
B. alters statutes of limitations or other state-created limitations on the consumer's enforcement of claims and defenses.
C. creates a warranty claim or defense where the product is sold "as is."
D. eliminates rights that the consumer may have as a matter of federal, state, or local law.


Answer: A

Business

You might also like to view...

________ includes all the activities managers engage in to develop a pool of qualified candidates for open positions.

A. Job enlargement B. Selection C. Labor relations D. Recruitment E. Collective recruiting

Business

Negotiations with a positive settlement range are obvious from the beginning.

Answer the following statement true (T) or false (F)

Business

______________ is a request to cooperate on the basis of friendship or as a personal favor.

a. Inspirational appeals b. Ingratiation c. Consultation d. Personal appeals

Business

______ maps how a product’s parts go together and the order in which they are assembled.

a. An assembly chart b. An assembly drawing c. A route sheet d. A process map

Business