Incapacity of the maker or drawer is a limited defense not available against a holder in due course.
Correct Answer:
Verified
Q2: In general,transferees who are aware of facts
Q5: A universal defense will defeat a holder
Q5: A holder through a holder in due
Q8: An ordinary contract defense is a limited
Q9: For the purposes of determining holder in
Q10: A holder can recover from any of
Q10: Unlike ordinary holders or assignees, holders in
Q11: Instruments may not be negotiated if they
Q16: The fact that a person signs a
Q18: Parties with rights in a negotiable instrument
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