True/False
The fact that a person signs a negotiable instrument because he or she is fraudulently deceived regarding its nature or essential terms is a defense available against all holders.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Economic duress, in the form of a
Q13: Which of the following will not be
Q15: Generally, defenses that could be raised in
Q28: For a change to constitute an alteration,
Q29: A taker of a negotiable instrument may
Q34: In 1976 the Federal Trade Commission adopted
Q36: A holder through a holder in due
Q37: A(n) _ is an unauthorized change or
Q46: Illegality, such as a note for gambling,
Q51: Value is similar to consideration..