Holder of negotiable promissory note would be least holder

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Reference no: EM13787531

A holder of a negotiable promissory note would be least likely be a holder in due course if:

A) He purchased it at a discount

B) The note is overdue by three weeks

C) The note is payable to bearer on demand

D) The holder acquired the note as payment for a debt owed to him

Reference no: EM13787531

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