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After receiving a check in the mail for $9,000 from Learnin’ Loans, Charis tells Learnin’ that the money got lost in the mail. Learnin’ cancels the check and sends Charis a new one. Charis then indorses the cancelled check to Darwin in exchange for his car. When Darwin tries to deposit the check, his bank tells him that the payment has been cancelled. Darwin then sells the check to Enrique. Which, if any, of the parties were holders in due course?

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93112809

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