holder in due course
maker -- the one who borrow $
holder -- the one who give out $/ lend $
holder in due course -- the last one
promissory note (evidence of debt) is transferred by ENDORSEMENT (Signiture)
simply
endorsement ======== is a signiture only!! simple as that and dont' forget
exam love to use BIG words..
maker -- the one who borrow $
holder -- the one who give out $/ lend $
holder in due course -- the last one
promissory note (evidence of debt) is transferred by ENDORSEMENT (Signiture)
simply
endorsement ======== is a signiture only!! simple as that and dont' forget
exam love to use BIG words..
