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Talk about:
-Brothers and Sisters of the Common Life
Drawee
The party directed by a draft or check to pay the specified amount, typically a bank.
Real Defenses
A limited set of defenses that can be used to challenge the enforceability of a negotiable instrument, including forgery, fraud, and duress.
Personal Defenses
Defenses used in legal contexts that are specific to an individual, often used to avoid enforcement of a contract or to combat allegations in civil or criminal cases.
Holder
A party in possession of a negotiable instrument.