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3. Real defenses: May he asserted against anyone. except a holder in due course. May he asserted against anyone, including a holder in due course.

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3. Real defenses: May he asserted against anyone. except a holder in due course. May he asserted against anyone, including a holder in due course. May only he asserted against hanks and other financial institutions. erase May not he asserted under the Uniform Commercial Code. Chapter: 24.1 Difficulty: 2 Type: Conceptual

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