A quitclaim deed has a warranty of title only. Indicate whether ...

[dakota nelson]

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]

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.