a) Why are both real and personal defenses valid against a holder; but only real defenses are
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b) In the discussion of personal defenses in the text (p.547), why is Ross a "mere holder," and not a holder in due course?
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a Real defenses deal with fundamental challenges to the basic validity o...View the full answer
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Related Book For 
Business Law and the Legal Environment
ISBN: 978-1285860381
7th edition
Authors: Susan S. Samuelson, Jeffrey F. Beatty
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