Question 14 1 pts A taker of an instrument who is a holder in due course at the time of the transfer but who thereafter learns of a defense: becomes a holder through a holder in due course, becomes an ordinary holder. O remains a holder in due course. becomes an assignee. Question 15 1 pts Fraud in factum: O occurs when a person is persuaded to execute an instrument because of fraudulent statements. occurs when a person signs an instrument as a result of being fraudulently deceived regarding essential terms. is not a universal defense. O cannot be raised against a holder in due course. a