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A teratogen is:
Universal Defense
A defense that is valid against all holders of a negotiable instrument, including holders in due course (HDCs) and holders with the rights of HDCs. Universal defenses are also called real defenses.
Personal Defense
Legal defenses that a defendant may use in a court of law to challenge the validity of a claim based on personal circumstances or conditions.
Agency Status
The condition of being an agent who is legally authorized to act on behalf of another person or entity, often subjected to specific responsibilities and liabilities.
Negotiable Instruments
Legal documents guaranteeing the payment of a specific amount of money, either on demand or at a set time, and which can be transferred by endorsement or delivery.
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