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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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The primary motivation of the United States and the Soviet Union during the Cold War was the struggle for ideological superiority. The U.S., a capitalist democracy, was committed to democratic values,...

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3. Describe the transformation process of a business. The transformation process of a business means the steps taken to convert raw materials and input into a finished product or service. Money, time...

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The product of Ashley Brewster, Brewster Enterprises Limited will be multipurpose sanitizing liquid for adults and children. This liquid will be useful to ensure that no harm is caused to any part of...

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Ch 26 Holder In Due Course #2

Ch 26 Holder In Due Course

Q 1) What makes a Holder in Due Course magical as compared to an ordinary holder? 2)How does one qualify as a HDC? 3) When is a check deemed "overdue"? 4) What is the shelter principle?

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A Holder in Due Course becomes magical as compared to an ordinary holder as a HDC has the power to obtain a negotiable instrument before the maturity of the instrument (Clarkson, Miller & Cross, 2016). This can take place when the HDC has been selected/nominated to receive the instrument in good faith. In case of an ordinary holder, good faith is not taken into consideration.