Which of the following are conditions for the holder in due-00813
Which of the following are conditions for the holder in due course, EXCEPT:
This multiple choice question (MCQ) is related to the book/course vu bnk601 Banking Laws & Practices. It can also be found in vu bnk601 Lecture No.29 - Quiz No.1.
Which of the following are conditions for the holder in due course, EXCEPT:
He obtains the instrument for valuable consideration
He must become the endorser of the instrument after maturity
He must have obtained the instrument in good faith
He must take the instrument complete and regular on the face of it