Question: After reading the chapter on Negotiable Instruments, answer the following questions: 1. What requirements must an instrument meet to be negotiable? 2. What are the

After reading the chapter on Negotiable Instruments, answer the following questions: 1. What requirements must an instrument meet to be negotiable? 2. What are the requirements for attaining the status of a holder in due course (HDC)? 3. What is the difference between signature liability and warranty liability? 4. Certain defenses are valid against all holders, including HDC's. What are these defenses called? Name four defenses that fall within this category

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