MGTU 310 Week 4 Discussion 1 | Assignment Help | Brandman University

MGTU 310 Week 4 Discussion 1 | Assignment Help | Brandman University

Week 4 Discussion: Negotiable Instruments and Holders in Due Course

 

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A person who takes a fraudulently altered instrument for value in good faith and with no notice of the alteration may enforce the instrument according to its original terms or to its terms as completed (see an example in the video). Is it ethical that the obligee on a negotiable instrument is unable to raise otherwise valid defenses simply because the holder meets the requirements of being a holder in due course? Support you answer with a real or hypothetical example.

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