contestada

If a person receiving a check knows it has been altered, can that person be a
holder in due course?
o a. no, because a holder in due course must receive a note rather
than a check
b. yes, because anyone can be
a holder in due course.
o c. no, because a holder in due course cannot have knowledge of
alteration
d. yes, because the check has value even if it is altered.

answer:c no, because a holder in due course cannot have knowledge of alteration

Respuesta :

Parrain

If a person receives a check and knows it has been altered then as regards being a holder the answer is c. no, because a holder in due course cannot have knowledge of alteration.

What is a holder in due course?

A holder in due course is a person who can take a check or other promissory notes in an exchange where the value of the check is exchanged for something of equal value.

If the person knows that the check has been altered, then they cannot be a holder of due course because they will know that the altered amount is not the right value.

Find out more on being a holder in due course at https://brainly.com/question/13084597.

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