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| To be a holder in due course, the holder must fulfill certain requirements. Which of the following does not fulfill the value requirement? A. The holder takes possession of the negotiable instrument as collateral of another debt. B. The holder gives $980 for a promissory note with a face amount of $1,000. C. The holder promises in writing to perform specified services within 6 months. D. The holder exchanges the negotiable instrument for another negotiable instrument. |