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Author Question: A quitclaim deed has a warranty of title only. Indicate whether the statement is true or ... (Read 98 times)

dakota nelson

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on: Jun 24, 2018
A quitclaim deed has a warranty of title only.
  Indicate whether the statement is true or false

Question 2

Explain any two types of hybrid defenses.


jgranad15

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Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

Several defenses may be either universal or limited, depending on the circumstances of a case. These include:
Duress - Whether or not duress is a valid defense against a holder in due course depends on whether the effect of such duress under the state law makes a contract void or voidable. When the duress nullifies a contract, the defense is universal. When the duress merely makes the contract voidable at the option of the victim of the duress, the defense is limited.

Incapacity Other Than Minority - In cases of incapacity other than minority, if the effect of the incapacity makes the instrument void, a nullity, the defense is universal. If the effect of the incapacity does not make the instrument a nullity, the defense is limited.


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