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Granddad signed a paper that he believed authorized his son-in-law to set up a college savings fund for his granddaughter. His son-in-law, in fact, deceived
Granddad signed a paper that he believed authorized his son-in-law to set up a college savings fund for his granddaughter. His son-in-law, in fact, deceived Granddad into co-signing a note. Granddad has a defense against the note based on ______.
a Material alteration of the instrument
b Fraud in the execution
c Fraud in the inducement
d Complicity
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