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D Question 34 2 pts Able issued a check to Bob in return for Bob's promise to paint a fence. Bob never pained the fence,
D Question 34 2 pts Able issued a check to Bob in return for Bob's promise to paint a fence. Bob never pained the fence, but offered to buy goods from Cane by endorsing the check to Cane. Cane had had no prior dealings with Able or Bob, but accepted the check in payment. Cane: O cannot be a holder in due course. is considered an assignee of Smith's rights. O is a holder through a holder in due course. O is a holder in due course. Question 35 2 pts When a holder has taken so many instruments from its transferor or is so closely connected with the transferor that any knowledge the transferor has is deemed transferred to the holder, preventing holder in due course status the. O constructive partnership O close-connection symbiotic relationship collaborative relationship doctrine applies
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