Kris transfers a note, on which Liu is the maker, to Mia, who takes it for value and in good faith. Mia knows that Kris breached the contract underlying the note, giving Liu a defense against payment. With respect to this note, Mia is

A. a knowledgeable holder in due course.
B. an ordinary holder.
C. an ordinary holder in due course.
D. an ordinary note taker.


Answer: B

Business

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