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Yaeger REG > Review Mods 23-31 > Flashcards

Review Mods 23-31 Flashcards

1
Q

A holder in due course takes an instrument free of…

A

Personal defenses

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2
Q

A holder in due course takes an instrument free of personal defenses, including…

A

Fraud in the inducement

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3
Q

When a party was fraudulently induced into signing an instrument, they…

A

Will still be held liable to a holder with the rights of a holder in due course

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4
Q

A holder with rights of a holder in due course under the shelter provision obtains…

A

All the rights of a holder in due course

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Yaeger REG (77 decks)

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