due negotiation

The transfer of a negotiable document of title so that the transferee takes it free of certain claims enforceable against the transferor.

• This is the good-faith-purchase exception to the doctrine of derivative title. UCC §§ 7-501(4); 7-502(1). [Cases: Warehousemen 15. C.J.S. Warehousemen and Safe Depositaries § 36.]


专业法律词汇 词条贡献者
资深译员Gwen,毕业于英国顶尖的高级翻译学院,擅长翻译涉及物联网领域的法律文件。
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