A Universal Defense Will Defeat a Holder in Due Course

question 45

True/False

A universal defense will defeat a holder in due course and a holder through a holder in due course.

---

Definitions:

Saturated Fatty Acid

A type of fatty acid in which the hydrocarbon chain contains no double bonds, making it fully saturated with hydrogen atoms.

Lecithin

A fatty substance found in animal and plant tissues, widely used as an emulsifier in food products, cosmetics, and pharmaceuticals.

Triglyceride

A type of fat (lipid) found in your blood, made up of a glycerol backbone attached to three fatty acid chains, the main form of fat stored by the body.

Wax

A diverse class of organic compounds that are malleable at slightly higher than room temperature, consisting mostly of hydrocarbons or esters of fatty acids.