Which of the following is true about real defenses? Question 26 options: A holder in due course in a nonconsumer transaction is subject to real defenses. Lack of consideration is a real defense. Incapacity that does not render the transaction void (except infancy) is considered a real defense. The real defense is cut off if the effect is merely to render the obligation voidable at the election of the obligor. Breach of warranty is a real defense