Question
44.John inherits a $10,000 promissory note payable to his late father. a.John is a holder in due course. b.John is not a holder in due
44.John inherits a $10,000 promissory note payable to his late father. a.John is a holder in due course. b.John is not a holder in due course. c.John can make himself a holder in due course by indorsing the promissory note, HDC. d.cannot negotiate the promissory note without first obtaining an order from the probate court.
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Advanced Financial Accounting
Authors: Clarence Byrd, Ida Chen
4th Edition
013089611X, 978-0130896117
