Duress can be used as a defense for payment against holders in due course.

Name: Duress can be used as a defense for payment against holders in due course.
Brand: Quizplus
Rating: 4.8 (39 reviews)

Question

Quizplus · Accepted Answer

The terms "real" and "universal" defense come from the common law and are not used in the UCC. No one is required to pay an instrument when they have a real defense. An instrument that is signed during duress would be void and uncollectible by anyone, even a holder in due course.

Duress Can Be Used as a Defense for Payment Against