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Encouraging the Negotiability of Instruments

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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?

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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 ...

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Hatim Baxamusa, MBA
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  • BSc , University of Calcutta
  • MBA, Eastern Institute for Integrated Learning in Management
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