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In the Case in the Text General Credit Corp

Question 81

Multiple Choice

In the case in the text General Credit Corp.v.New York Linen Co. ,which of the following was the result?


A) A holder in due course of a check was not subject to the personal defense of failure of consideration that the drawer of the check had against the payee of the check.
B) A holder in due course of a check was not subject to the personal defense of duress that the drawer of the check had against the payee of the check.
C) A holder in due course of a check was not subject to the personal defense of modification of the obligation by a separate agreement that the drawer of the check had against the payee of the check.
D) A holder in due course of a check was not subject to the personal defense of breach of contract that the drawer of the check had against the payee of the check.

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