Holder in due course
id:
holder-in-due-course-240-7423213
title:
Holder in due course
text:
In commercial law, a holder in due course (HDC) is someone who takes a negotiable instrument in a value-for-value exchange without reason to doubt that the instrument will be paid. If the instrument is later found not to be payable as written, a holder in due course can enforce payment by the person who originated it and all previous holders, regardless of any competing claims those parties may have against each other. This right shields a holder in due course from the risk of taking instruments
brand slug:
wiki
category slug:
encyclopedia
description:
original url:
https://en.wikipedia.org/wiki/Holder_in_due_course
date created:
date modified:
2023-11-09T15:20:37Z
main entity:
{"identifier":"Q5879618","url":"https://www.wikidata.org/entity/Q5879618"}
image:
fields total:
13
integrity:
13