If fraud was used to induce a person to sign a negotiable instrument,the injured person may use this as a personal defense against any person including a holder in due course.
Correct Answer:
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Q1: The use of a qualified endorsement affects
Q5: When the holder of commercial paper signs
Q14: When an endorsement is made to the
Q15: In order to ensure the negotiability of
Q15: Fraud in executing an instrument is a
Q16: An endorsee is the person who writes
Q18: A signature to which words have been
Q20: A defense against payment of commercial paper
Q27: A person cannot be held liable, even
Q38: When commercial paper on which the signature
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