Question: When is value for an instrument given? Explain what it means to be a holder through a holder in due course. Can personal defenses be

When is value for an instrument given? Explain what it means to be a holder through a holder in due course. Can personal defenses be used against holders in due course? Why or why not?

What are the three conditions that must be met for secondary liability?Banks that take instruments for collection must give notice of dishonor by when?

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