Answered You can hire a professional tutor to get the answer.
Carl writes a check for $500, payable to the order of Fred. Fred owes Greta $600, so Fred changes the 5 to a 6 and endorses it over it to Greta to...
Carl writes a check for $500, payable to the order of Fred. Fred owes Greta $600, so Fred changes the 5 to a 6 and endorses it over it to Greta to pay the debt. Which of the following statements is true?
A. Greta isn't a holder in due course because she didn't take for value.
B. Greta is a holder in due course because she isn't the one who altered the instrument.
C. Greta is a holder in due course unless she knew Fred altered the instrument.
D. Greta isn't a holder in due course because the instrument has been altered.