Which of the Following Is Not a Real Defense to Enforcement

question 62

Multiple Choice

Which of the following is not a real defense to enforcement of a negotiable instrument?

• A)Infancy being below the legal age of consent),to the extent that it makes a contract void
• B)Impairment of collateral
• C)Discharge through insolvency proceedings bankruptcy)
• D)Forgery
• E)Fraud in the factum

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Definitions:

Internalize

The process of incorporating the values, attitudes, and norms of a society into one's own belief system.

Conformity

The act of matching attitudes, beliefs, and behaviors to what is considered normal or acceptable in society.

Financial Success

The achievement of financial goals and stability, often measured by wealth, income, and ability to meet personal and family needs.

Cultural Goals

The objectives, ambitions, or desired outcomes that are widely accepted and pursued within a culture.