As per the Uniform Commercial Code, a person who holds a check endorsed by another is the presumed legal owner; a person who accepts a 3rd party check is a holder ..... due course and holds the legal title to this instrument irrespective of any prior claim. (*) by (*) for (*) in (*) of
This is a companion discussion topic for the original entry at https://english.best/questions/12584,as-per-the-uniform-commercial-code-a-person-who-holds-a-check-endorsed-by-another-is-the-presumed-legal-owner-a-person-who-accepts-a-3rd-party-check-is-a-holder-___-due-course-and-holds-the-legal-title-to-this-instrument-irrespective-of-any-prior-claim/