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Author Question: An easement by necessity terminates when the necessity terminates. Indicate whether the statement ... (Read 79 times)

saraeharris

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on: Jun 24, 2018
An easement by necessity terminates when the necessity terminates.
  Indicate whether the statement is true or false

Question 2

Manuel sued Patricia on a promissory note. Patricia admitted signing the note, but raised the defense that Manuel was not a holder in due course. Can Manuel recover without proving that he is a holder in due course?


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josephsuarez

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

TRUE

Answer to Question 2

Yes. Manuel was the holder and Patricia admitted signing the note. Therefore, Manuel was entitled to recover on the note unless Patricia established a defense. As no defense was asserted, it was immaterial whether Manuel was a holder in due course, against whom certain defenses could not be asserted.


saraeharris

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

fatboyy09

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Reply 3 on: Yesterday
Excellent

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