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A holder in due course is free from which of the following personal defenses? Multiple Choice Fraud in the essence, discharge of the party liable

A holder in due course is free from which of the following personal defenses?

Multiple Choice

Fraud in the essence, discharge of the party liable through bankruptcy, and material alteration of a completed instrument

Lack or failure of consideration and breach of contract

Fraud in the inducement in the underlying contract and breach of contract

Lack or failure of consideration, breach

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