Which of the following is a "real" defense that is good against a holder in due course of a note?
A) The maker of the note is 15 years old.
B) The note was procured by the payee's threat to prosecute the maker for drug dealing.
C) No consideration was given for the note.
D) The maker was in a seriously delusional state when he completed the note (but had not been declared insane or institutionalized) .
Correct Answer:
Verified
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