Against Whom Can the Maker of a Note Successfully Assert

question 22

Multiple Choice

Against whom can the maker of a note successfully assert a personal defense?

• A) the payee
• B) a holder in due course
• C) a holder who is not a holder in due course
• D) A and B only
• E) A and C only

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Definitions:

Coefficient Of Correlation

An analytical tool that evaluates the strength of the association between the relative shifts of two variables.

Independent Variables

Independent variables are the factors in an experiment that are manipulated or changed by the researcher to investigate their effects on the dependent variables.

Distribution

The way in which something is shared or spread out over an area or among a population.

COV

The coefficient of variation, a measure of relative variability that describes the ratio of the standard deviation to the mean.