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Business Law II 1) Please distinguish between the legal effect of a personal defense and a universal defense. see Exhibit 27-2 on page 507 for
Business Law II
1) Please distinguish between the legal effect of a personal defense and a universal defense. see Exhibit 27-2 on page 507 for a summary of these defenses.
2) Disinguish between fraud in the inducement and fraud in the execution of the instrument.
3) Distinguish between a material alteration and an unauthorized completion of an instrument.
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