Multiple Choice
Sprock is a holder in due course on an instrument issued by Klingon.Which of the following defenses could be successfully raised by Klingon?
A) Forgery
B) Prior payment
C) Breach of contract
D) Fraud in the inducement
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q3: Felicia,an elderly woman,does not speak or read
Q6: Hayden owes Luther $5000.Hayden will only be
Q13: TriColor purchased an industrial stamping machine from
Q19: A & D,Inc.wrote a negotiable note payable
Q20: Charlene Brown has possession of a check
Q24: It was payday.Navidida decided to run some
Q25: George's Wholesaling agrees to purchase 1,000 pounds
Q39: Maia wrote a check which said,"Pay to
Q41: Discuss the effect on an instrument of:
Q45: A "holder" of order paper can be