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Identify any fallacies in the following passage either by naming them or, where they seem not to conform to any of the patterns described in the text, by giving a brief explanation of why the fallacious reasoning is irrelevant to the point at issue.
Marty: If we keep on the way we are going, we will destroy civilization on this planet.
Tracy: That's so depressing. I think we need to think well of things.
Personal Defenses
Legal defenses used in contract law that relate to the specific circumstances or relationships between the parties involved, affecting the enforceability of the contract.
Holder in Due Course
A legal term referring to a party that has acquired a negotiable instrument in good faith and for value, thereby having certain rights to enforce the instrument free of many defenses.
Negotiable Instrument
A written document guaranteeing the payment of a specific amount of money, either on demand or at a set time, and which can be transferred to another holder.
Natural Persons
Individuals in their capacity as humans in law, as opposed to legal entities like corporations.
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