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| McGee fraudulently induced Howards into making out a personal check to him. McGee negotiated the check by endorsement to Trotz who was aware of the fraud. Trotz negotiated the check to Point who qualified as a holder in due course. Point negotiated the check back to Trotz. When Trotz tried to cash the check, the bank refused, saying a stop payment order had been issued. Trotz then tried to collect on the check from Howards. Which of the following is correct? A. Trotz cannot collect on the check from either Howards or the bank. B. Trotz can qualify as an actual holder in due course because he did not commit the fraud himself. C. Trotz can collect on the check from Howards because he is a holder through a holder in due course. D. Trotz can collect on the check from the bank because he is a holder through a holder in due course. |