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help trye false 3. On September 1st, Arthur pays $700 for a $2000 promissory note that was payable on August 1st Arthur is a holder
help trye false
3. On September 1st, Arthur pays $700 for a $2000 promissory note that was payable on August 1st Arthur is a holder in due course. 4. Jenn, pretending to be "Beth La Hem", has Best Buy issue a refund check to "Beth LaHem". Jenn is an imposter. 57. Peng wants to stop paying for his auto loan because the auto he bought keeps breaking down. Peng can stop paying the loan because breach of contract is a real defense against a holder in due course. 6. With a Chapter 11 bankruptcy, the debtor remains in possession of the business while the bankruptcy proceeds Step by Step Solution
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