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Author Question: Explain the shelter rule. What will be an ideal response? ... (Read 32 times)

NguyenJ

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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

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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

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Reply 2 on: Aug 3, 2018
YES! Correct, THANKS for helping me on my review

laurnthompson

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Reply 3 on: Yesterday
Wow, this really help

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