Which statement distinguishes the rights of a holder in due course from an assignee? Question...
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Which statement distinguishes the rights of a holder in due course from an assignee?
Question 30 options: Assignees do not have to give notice to the debtor. An assignee's right to collect is subject to the debtor's obligation to pay. The right of a holder in due course to collect depends on the original contract. Holders in due course may not look to prior endorsers to recover funds.
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