Charlie indorsed the check he received in Question 2 from Baker and gave it to David as

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Charlie indorsed the check he received in Question 2 from Baker and gave it to David as a birthday gift. David had the rights of a holder in due course of the check. True/False

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Able bought a book from Baker and gave Baker a $25 check. Baker indorsed the check and gave it to Charlie in payment of a debt. Charlie was not a holder in due course of the check.

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Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

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