Author Question: A holder in due course will take free of which of the following defenses? a. Infancy, to the extent ... (Read 52 times)

cookcarl · **on:** Jun 24, 2018

A holder in due course will take free of which of the following defenses?
a. Infancy, to the extent that it is a defense to a simple contract.
b. Discharge of the maker in bankruptcy.
c. A wrongful filling-in of the amount payable that was omitted from the instrument.
d. Duress of a nature that renders the obligation of the party a nullity.

Question 2

Firms that emit waste water into water bodies must have a discharge permit.
a. True
b. False
Indicate whether the statement is true or false