A person who receives a negotiable instrument in good faith for valuable consideration is known as
A person who takes a negotiable instrument in good faith and for valuable consideration before maturity is a "holder in due course" under s.9 NI Act.
Choose your answer
A person who receives a negotiable instrument in good faith for valuable consideration is known as
Answer and explanation
Correct answer D
A person who takes a negotiable instrument in good faith and for valuable consideration before maturity is a "holder in due course" under s.9 NI Act.
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