Claim in Recoupment to Negotiable Instrument

Claim in Recoupment to Negotiable Instrument

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video tutorial discusses the concept of personal defense, which can be asserted against a holder but not a holder in due course. It introduces claiming recoupment, where the payor offsets any debt owed by the original issuer. This defense applies to the original issue and any subsequent holder who is not a holder in due course, potentially reducing the payor's obligation under the instrument.

Read more

1 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

Evaluate responses using AI:

OFF