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    Business Law Text and Exercises Study Set 2
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    Exam 23: Negotiable Instruments: Transfer and Liability
  5. Question
    The Lack or Failure of Consideration Is a Personal Defense
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The Lack or Failure of Consideration Is a Personal Defense

Question 50

Question 50

True/False

The lack or failure of consideration is a personal defense and can be used to avoid payment to ordinary holders.

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