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    Business
  3. Study Set
    Contemporary Business Law
  4. Exam
    Exam 21: Holder in Due Course and Liability of Parties
  5. Question
    Universal Defenses Can Be Raised Only Against Ordinary Holders and Not
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Universal Defenses Can Be Raised Only Against Ordinary Holders and Not

Question 45

Question 45

True/False

Universal defenses can be raised only against ordinary holders and not holders in due course to deny the payment of negotiable instruments.

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