Multiple Choice
If Royce comes to you and asks what type of personal defenses can he raise against enforcement of a negotiable instrument by an ordinary holder,which of the following would you say qualify as such?
A) mental illness
B) illegality of a contract
C) undue influence
D) discharge of an instrument by payment or cancellation
E) All of these are correct.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: The accommodation indorser is primarily liable on
Q10: An accommodation party who pays an instrument
Q15: The fact that the Federal Trade Commission
Q16: Martha is elderly,does not speak or read
Q16: Drawers of checks and drafts have secondary
Q18: Which of the following would be considered
Q19: Certification of a check by the drawee
Q32: Contract liability is another term used to
Q41: Stan Johnson is the secretary of Balzene's,Inc.a
Q52: What are the two general kinds of