Question: Material alteration is a select answer defense. An alteration is material if it changes the contract terms between two parties in select answer way. Material

Material alteration is a
select answer
defense. An alteration is material if it changes the contract terms between two parties in
select answer
way. Material alteration is a
select answer
against an ordinary holder but only a
select answer
against a holder in due course. Tipton
select answer
a holder through a holder in due course and has the same rights as a holder in due course.

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