A holder in due course must meet which of the following conditions: giving value for the instrument there are no preconditions to being a holder. acting in good faith. being ignorant of defenses and adverse claims. Question 8 3 pts When determining holder in due course status, which of the following are considered value in? performing the act for which the instrument was given promising to perform an existing legal obligation receiving the instrument as security for a loan . taking the instrument in payment of a debt