[Answered] Explain the shelter rule. What will be an ideal response? ...

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Author Question: Explain the shelter rule. What will be an ideal response? ... (Read 35 times)

NguyenJ

Hero Member
Posts: 516

on: Aug 3, 2018

Explain the shelter rule.

What will be an ideal response?

Question 2

What are the rights of a holder in due course?

What will be an ideal response?

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Galvarado142

Sr. Member
Posts: 348

Reply #1 on: Aug 3, 2018

Answer to Question 1

A transferee takes the rights of the transferor.

Answer to Question 2

The HDC has rights against the entire world and is only subject to real defenses.

NguyenJ

Member
Posts: 516

Reply 2 on: Aug 3, 2018

Thanks for the timely response, appreciate it

milbourne11

Member
Posts: 322

Reply 3 on: Yesterday

YES! Correct, THANKS for helping me on my review

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