Chapter 17 - Holders in due course, defenses, and liabilities. After completing this chapter, students will be able to: State the characteristics of being a holder in due course, describe the special protection given to a holder in due course, define holder, explain the protection given to a holder through a holder in due course,. | Business Law with UCC Applications,13e Holders in Due Course, Defenses, and Liabilities Chapter 17 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives State the characteristics of being a holder in due course. Describe the special protection given to a holder in due course. Define holder. Explain the protection given to a holder through a holder in due course. Name six personal defenses. Learning Objectives (cont.) Discuss the protection given to people who sign consumer credit contracts. Name six real defenses and explain the significance of a real defense. Explain primary liability. Explain secondary liability. Describe the conditions that must be met to hold a secondary party liable. Holders in Due Course, Defenses, and Liabilities Holder in Due Course The Elements of a Holder in Due Course Holder Through a Holder in Due Course Holders in Due Course, Defenses, and Liabilities Personal Defenses Breach of Contract Lack or . | Business Law with UCC Applications,13e Holders in Due Course, Defenses, and Liabilities Chapter 17 McGraw-Hill/Irwin Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. Learning Objectives State the characteristics of being a holder in due course. Describe the special protection given to a holder in due course. Define holder. Explain the protection given to a holder through a holder in due course. Name six personal defenses. Learning Objectives (cont.) Discuss the protection given to people who sign consumer credit contracts. Name six real defenses and explain the significance of a real defense. Explain primary liability. Explain secondary liability. Describe the conditions that must be met to hold a secondary party liable. Holders in Due Course, Defenses, and Liabilities Holder in Due Course The Elements of a Holder in Due Course Holder Through a Holder in Due Course Holders in Due Course, Defenses, and Liabilities Personal Defenses Breach of Contract Lack or Failure of Consideration Fraud in the Inducement Lack of Delivery, Payment, and Consumer Protection Holders in Due Course, Defenses, and Liabilities Real Defenses Infancy and Mental Incompetence Illegality and Duress Fraud as to the Essential Nature of the Transaction Bankruptcy, Unauthorized Signatures, and Alteration Holders in Due Course, Defenses, and Liabilities Liability of the Parties Makers, Acceptors, and Certain Drawers Other Drawers and Indorsers Holders in Due Course, Defenses, and Liabilities Other Drawers and Indorsers Presentment Dishonor Notice of .
