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Bowie Is a Holder of a Promissory Note Obtained from Credit

Question 21

Multiple Choice

Bowie is a holder of a promissory note obtained from Credit Lenders, Inc. Regarding the defenses against payment of the note to which Credit Lenders is subject, Bowie, as an ordinary holder, is subject to


A) more defenses.
B) no defenses.
C) some defenses, but not as many.
D) the same defenses.

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