menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law Study Set 7
  4. Exam
    Exam 24: Liability, Defenses, and Discharge
  5. Question
    A Holder in Due Course Takes an Instrument Free from Personal
Solved

A Holder in Due Course Takes an Instrument Free from Personal

Question 46

Question 46

True/False

A holder in due course takes an instrument free from personal defenses but not universal defenses.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q41: The payee of a cashier's check is

Q42: Calvin, a college student, wants to purchase

Q43: What are forged negotiable instruments?

Q44: A minor who does not misrepresent his

Q45: A presentment is a demand for the

Q47: Martha draws a check payable to the

Q48: _ refers to a situation in which

Q49: Martha draws a check payable to the

Q50: An imposter is someone who impersonates a

Q51: Transfer warranties cannot be disclaimed if the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines