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Anna71 [15]
3 years ago
5

The UCC requires that HDCs take instruments in good faith. This means that: a.the holders must have performed a special oath bef

ore taking the instrument. b.the holders must be assured that the instrument has no defects. c.the holders must be aware that the instrument is defective. d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.
Business
1 answer:
guapka [62]3 years ago
6 0

Answer: d.the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

Explanation:

For an instrument to be negotiable, it should be noted that the UCC requires that such instrument have to be signed by the maker or the drawer.

The UCC requires that HDCs take instruments in good faith. This means that the holders must have acted honestly and observed all reasonable commercial standards of fair dealing.

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