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Author Question: A deed need not be recorded to be valid. Indicate whether the statement is true or ... (Read 116 times)

tingc95

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on: Jun 24, 2018
A deed need not be recorded to be valid.
  Indicate whether the statement is true or false

Question 2

Which of the following is a definition of a universal defense?
 A) It is a defense that can be used only against a holder in due course.
 B) It is a defense that cannot be used against a holder in due course.
 C) It is a defense that can be used only against the first holder.
 D)It is a defense that can be used against any holder.


momolu

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

TRUE

Answer to Question 2

D


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