In a Nonconsumer Transaction, a Holder in Due Course Takes

Multiple Choice

In a nonconsumer transaction, a holder in due course takes the instrument free from:

A) only personal claims.
B) all defenses of any party with whom he has not dealt, except for a limited number of defenses that are available against anyone, including a holder in due course.
C) the defense of incapacity, duress, or illegality that renders the obligation void.
D) no claims.