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Author Question: If Jones receives a promissory note from Smith and passes it on to Green, who qualifies as a holder ... (Read 33 times)

CBme

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on: Aug 7, 2021

Question 1

When a negotiable instrument is used, the drawer of the instrument cannot use the rule of privity to limit the claim of the holder.
◦ true
◦ false

Question 2

If Jones receives a promissory note from Smith and passes it on to Green, who qualifies as a holder in due course, Green is the receiver of assigned contractual rights and is in the same position as Jones.
◦ true
◦ false
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by CBme on Aug 7, 2021

dawsa925

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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CBme

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Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review

anyusername12131

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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