Answered
In the case in the text General Credit Corp.v.New York Linen Co. ,which of the following was the result?
A) A holder in due course of a check was not subject to the personal defense of failure of consideration that the drawer of the check had against the payee of the check.
B) A holder in due course of a check was not subject to the personal defense of duress that the drawer of the check had against the payee of the check.
C) A holder in due course of a check was not subject to the personal defense of modification of the obligation by a separate agreement that the drawer of the check had against the payee of the check.
D) A holder in due course of a check was not subject to the personal defense of breach of contract that the drawer of the check had against the payee of the check.
On Jul 22, 2024