Payment Systems: Being a Holder in Due Course: Real Defenses
Lawdibles Audio – Lawdibles :: CALI Podcasts
English - September 11, 2017 22:39 - 11.1 MB - ★★★★ - 24 ratingsCourses Education Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this podcast Professor Jennifer Martin discusses the real defenses that can be asserted by an obligor against a holder in due course seeking payment on an instrument. As holder in due course doctrine arises under Article 3 of the Uniform Commercial Code, this topic deals with instruments, typically paper checks and promissory notes. Importantly, […]
In this podcast Professor Jennifer Martin discusses the real defenses that can be asserted by an obligor against a holder in due course seeking payment on an instrument. As holder in due course doctrine arises under Article 3 of the Uniform Commercial Code, this topic deals with instruments, typically paper checks and promissory notes. Importantly, holders in due course doctrine, especially its benefits and limitations, are tested by a number of states on the bar examination. This podcast primarily addresses defenses set forth in § 3-305, which you should read carefully. At the conclusion of this podcast, you should be able to (1) describe the benefits of being a holder in due course; (2) describe the real defenses that are assertable against a holder in due course; and (3) distinguish between void and voidable defenses and between real fraud and fraud in the inducement.
A transcript of this podcast is here.
http://lawdibles.classcaster.net/files/2017/09/NP29P-PS-HDC-Real-Defenses.mp3