Generally, Defenses That Could Be Raised in a Breach of Contact

question 15

True/False

Generally, defenses that could be raised in a breach of contact claim cannot be raised against a holder in due course.

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Definitions:

Barter

The direct exchange of one product for another without using money.

Medium Of Exchange

Anything that is widely accepted as a means for the payment of goods and services and repayment of debts.

Opportunity Cost

Represents the value of the best alternative that must be given up in order to pursue a certain action or decision.

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