Parkdale roofing company receives a check from quik mart for fixing its roof, and indorses the check to repair supplies, inc. (rsi). stef, rsi's owner, gives the check to tiny as a gift. in this situation, the party who is not an hdc of the check but who acquires hdc rights under the shelter principle is

The third party, this rull will allow the transferee to recive all the rights of the transferor.

Explanation:

Holder in Due Course (HDC) is the holder of a negotiable instrument to a higher status. Someone that posseses and is entitled to receive payment of an instrument.

It can be transer or negotiate to a third party.

answer:

that sucks

explanation:

the answer is false