Examlex
The capital of the Abbasid caliphate during the high point of Islamic culture was the city of
Holder in Due Course
An individual in possession of a negotiable instrument, obtained in good faith and for value, and thereby has specific rights to enforce the instrument.
Irregular
Something that is not following the usual rules, patterns, or expected behavior; often refers to inconsistent or erratic actions.
Real Defenses
Legitimate legal defenses that can be used against claims in a transaction, particularly in the context of negotiable instruments, such as fraud or illegality.
Negotiable Instrument
is a document guaranteeing the payment of a specific amount of money, either on demand or at a set time, with the payer named on the document.
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