Which of the following defences may be used against a holder of a bill of exchange?
A) set-off
B) minority
C) failure of consideration
D) contributory negligence
E) ultra vires
Correct Answer:
Verified
Q39: Alice bought a boat from Brian.The purchase
Q40: Which of the following statements is TRUE
Q41: Last October, Johnny Evers sold a gross
Q42: Which of the following defences may be
Q43: Hakim drafted a negotiable instrument and delivered
Q45: Stephania drafted a cheque that named Wilbur
Q46: Sylvain attempted to draft a cheque in
Q47: Melinda is the holder in due course
Q48: Rod wanted to buy $25 000 worth
Q49: Wendell bought a widget from Sharon and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents