Question

Case 1: Angel buys a diamond ring for P50,000 for which she issued a check. Later, she found out the diamond to be an ordinary glass.

Case 2: Ben obtained the signature of Cris for autograph purposes. Ben writes a promissory note above Cris' signature and indorses the note to Dan, a holder in due course

A. Real defense in case 1, Personal defense in case 2
B. Personal defense in case 1, real defense in case 2
C. Real defense in both cases
D. Personal defenses in both cases

Answer 1

The correct answer is D. Personal defenses in both cases.

Step-by-step explanation:

The correct answer is D. Personal defenses in both cases.

In case 1, Angel can claim a personal defense. The fact that she issued a check and later found out the diamond to be an ordinary glass does not absolve her from the responsibility of paying for the item. It is her responsibility to verify the authenticity of the diamond before making the purchase.

In case 2, Ben can also claim a personal defense. He obtained the signature of Cris for autograph purposes and did not have any knowledge or intention of writing a promissory note above the signature. Therefore, he is not responsible for any obligations arising from the note.