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    Exam 29: Liability of the Parties Under Negotiable Instruments
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    If a Holder Learns of a Defense After Acquiring an Instrument
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If a Holder Learns of a Defense After Acquiring an Instrument

Question 29

Question 29

True/False

If a holder learns of a defense after acquiring an instrument, the knowledge works retroactively to destroy the holder's character as a holder in due course.

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