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44. A is the maker of a note payable to B or order. It is successively indorsed to C, D, E, and F, holder. B

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44. A is the maker of a note payable to B or order. It is successively indorsed to C, D, E, and F, holder. B is a minor, and minority is a legal defense, which is available even against a holder in due course. Who can interpose such defense against F? 45. P induced M by fraud to issue a promissory note payable to the order 0' P bUt WithOUt P givinavaiuslzLE. 999.5J99EEJEQDJR M. Thereafter, P indorsed the note to H who had no notice of P's defective title, hence, a holder in due course. Thereafter, H negotiated the note to X, who knew of P's defective title but had no participation in the inducement made by P. May X collect from M? Explain briefly. 46. A makes a note payable to B or order. The consideration given by B is illegal, rendering the note void. B indorses to C, who does not know that the consideration of the note is illegal. C indorses to D. D files a civil action with D, as plaintiff and C as defendant. Can C set up the defense that the note is void because the consideration was illegal? Explain briefly. 47. A makes a note payable to B or order. B negotiates to C, C to D, D to E, E to F. F makes a presentment for payment to A, maker, on the date of maturity. A refuse to pay. What is the effect to the liability of B, C, D, and E if F did not give notice of dishonor to them? 48. A bill is payable 30 days after sight. B, the payee, presents it for acceptance on October 1, 2021 to X, drawee. X accepts the bill on October 2, 2021. What should be considered as the date of acceptance? 49. M issued a promissory note payable to the order of P for P50,000.00. Thereafter. P indorsed the note to A. While the note was in the possession of A, F stole it and negotiated it to B by forging the signature of A. B was not aware of the forgery of A's signature. B then indorsed the note to H, a holder in due course. The parties who may raise forgery as a defense are: 50. An instrument reads as follows: \"I promise to pay to the order of P the sum of P50,000.00 sixty (60) days after date. (SGD.) M." On September 1,2021, M issued the promissory note to P, P indorsed the note to A, A to B, and B to C. C indorsed the note to H on September 20, 2021, but before delivering it to H, C inserted August 1, 2021 as the date of issue. H is a holder in due course. The due date of the promissory note insofar as H is concerned is

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