Multiple Choice
Which of the following defenses will defeat a holder in due course?
A) fraud in the inducement
B) fraud as to the nature or essential terms of the paper
C) ordinary contract defenses
D) none of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q17: Under the _doctrine, the holder has taken
Q29: A taker of a negotiable instrument may
Q40: A holder who is neither a holder
Q43: Mabel issues a negotiable promissory note to
Q44: Parties with rights in a negotiable instrument
Q44: The Federal Trade Commission expands the rights
Q45: Unlike ordinary holders or assignees, holders in
Q48: You are forced to sign a check
Q49: Which of the following is not a
Q51: Incapacity cannot be raised as a defense