Solved

Dani Signs a Note Payable to Equity Credit, Which Transfers

Question 67

Multiple Choice

Dani signs a note payable to Equity Credit, which transfers the note by assignment to Finance Collection. With respect to any defenses that Dani could have raised against Equity, most likely Dani can


A) raise those defenses against Finance.
B) no longer present any defense to payment.
C) not assert those defenses against Finance.
D) claim more defenses against Finance than Equity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions