Examlex

Solved

In the Late 20th Century, to Facilitate an Individual-Based Justice

question 259

True/False

In the late 20th century, to facilitate an individual-based justice system, probation and parole were introduced as well as indeterminate sentences.


Definitions:

Real Defenses

Legitimate legal defenses available in disputing the validity or enforceability of negotiable instruments.

Personal Defenses

Legal justifications or excuses that an individual can claim to defend against blame or legal liability.

Holders In Due Course

Individuals or entities that have acquired a negotiable instrument in good faith and for value, thus having certain protections against defenses and claims that could be asserted against the prior holders.

Holder In Due Course

A party who has acquired a negotiable instrument in good faith and for value, and thus has certain rights above the original parties to the instrument.

Related Questions