Examlex
The nominal exchange rate may be considered as a measure of the price competitiveness between two countries.
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.
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