All of the following are "real defenses" except a:
A) note made by a minor.
B) check written while a gun is held to the drawer's head.
C) note given in exchange for worthless securities.
D) check fraudulently changed from $100 to $400.

Question

Quizplus · Accepted Answer

Real defenses are valid against all holders, including HDCs, and include forgery, fraud in the execution, material alteration, infancy, illegality, mental incapacity, extreme duress, and discharge in bankruptcy. A note given in exchange for worthless securities does not fall under these categories, making it not a real defense.

All of the Following Are "Real Defenses" Except A