Duress as a legal reason (defense) offered by a primary or secondary party for not paying a holder the amount due on an instrument is
A) sometimes a personal defense.
B) sometimes a real defense.
C) generally no defense at all.
D) sometimes a personal defense and sometimes a real defense.
Correct Answer:
Verified
Q25: _ parties are conditionally liable for payment
Q26: Holders in due course take an instrument
Q27: Unauthorized completion of an incomplete instrument is
A)
Q28: An example of a personal defense is
A)
Q29: The holder of a promissory note fails
Q31: If payment of a negotiable instrument is
Q32: The defense that a person was a
Q33: Stebbins transferred a promissory note to Hall
Q34: Under the provisions of the UCC, in
Q35: One who is first obligated to pay
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