Multiple Choice
Which of the following will be considered a personal defense to payment of an instrument?
A) Breach of contract or warranty.
B) Fraud in the inducement.
C) Illegality.
D) Breach of contract or warranty, fraud in the inducement, and illegality.
E) Illegality and lack or failure of consideration, but not breach of contract or warranty.
Correct Answer:

Verified
Correct Answer:
Verified
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