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Question
On August 15, 2011, Jason indorsed a check dated January 15, 2011, and payable by him to ALS Check Cashing Service. ALS is:
A. a holder in due course even though the check is antedated.
B. not a holder in due course as it has notice that the instrument is overdue.
C. not a holder in due course only if ALS contacted the drawer who agreed to honor the check.
D. a holder in due course only if ALS contacted the drawee who agreed to honor the check.
Answer
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Related questions
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