There are no defences available against a holder in due course.

Name: There are no defences available against a holder in due course.
Brand: Quizplus
Rating: 4.8 (47 reviews)

Question

Quizplus · Accepted Answer

A holder in due course holds a negotiable instrument free from many defenses that could be raised against the original payee, but not all. Defenses such as fraud in the factum, illegality of the transaction, and certain forms of incapacity and duress can still be raised against a holder in due course.

There Are No Defences Available Against a Holder in Due