You have learned that a hdc receives special protections


Holders in Due Course and Defenses

You have learned that a HDC receives special protections from defenses to payment. Explain the justifications for this doctrine. Why should a HDC be protected from certain defenses? Further, what is unique about real defenses as opposed to personal defenses? Why is a HDC protected against personal defenses but not against real defenses?

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Other Subject: You have learned that a hdc receives special protections
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