How does the concept of holder in due course further article 3's goal of encouraging the negotiability of instruments?
How does it further Article 3's goal of balancing the rights of parties to negotiable instrument?© BrainMass Inc. brainmass.com March 4, 2021, 7:55 pm ad1c9bdddf
ARTICLE 3 ENCOURAGES NEGOTIABILITY OF INSTRUMENTS USING HOLDER IN DUE COURSE
UCC 3-406 states that any person who has by his negligence contributed substantially to material alteration of the instrument or to the unauthorized signature is stopped from asserting the ...
This answer provides you an excellent discussion on encouraging the negotiability of instruments