law Hank, who is NOT a holder in due course originally possesses a check originally issued

FratBro23
Category:
Law
Price: $5 USD

Question description

Hank, who is NOT a holder in due course originally possesses a check originally issued by Diana to Pat.  Pat never delivered the goods that Diana bought with the check.  Diana gave her bank a valid stop payment order.  When Hank presented the check to Diana's bank for payment, the bank refused pursuant to the stop payment order.  Who is liable to Hank?

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