Multiple Choice
A "claim in recoupment":
A) is a claim of the original payee against the obligor of the instrument.
B) must arise from the transaction that gave rise to the instrument.
C) is actually a defense to an instrument,but not an offset to liability.
D) can make a person a holder in due course even if he knows about it before the negotiation.
Correct Answer:

Verified
Correct Answer:
Verified
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