Q114
Who is 'holder in due course'?
A.
A person who holds negotiable instrument in the name of his spouse
B.
A person who holds negotiable instrument in his name
C.
A person who becomes possessor of negotiable instrument without consideration
D.
A person who becomes possessor of negotiable instrument payable to bearer for consideration
AnswerAnswer: Option D
Solution
Answer: Option D
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