
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 7
An HIDC will take free of which of the following defenses?
a. serious duress
b. fraud in the execution
c. a wrongfully filled-in amount payable that was omitted from the instrument
d. an instrument with a forged indorsement
a. serious duress
b. fraud in the execution
c. a wrongfully filled-in amount payable that was omitted from the instrument
d. an instrument with a forged indorsement
Explanation
Shelter Rule:
Under the UCC § 3-203(b) ...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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