Examples of Personal Defenses:
a.
b.
c.
d.
e.
f.
g.
h.
i.
j.
Complete but undelivered instrument
Incomplete but delivered instrument
Acquisition of the instrument by means of fraud in inducement
Acquisition of the instrument by means of fear, force or duress
Acquisition of the instrument for an illegal consideration
Acquisition of the instrument by an unlawful means
Absence of consideration in the acquisition of the instrument
Insertion of a wrong date where date is a material particular
Negotiation in breach of faith
Negotiation under circumstances amounting to fraud
Examples of Real Defenses
a.
b.
c.
d.
e.
Incomplete and undelivered instruments (Sec. 15)
Forgery (Sec. 23)
Minority (Sec. 22)
Material Alteration (Sec. 124)
Cognivit actionem or confession of judgment instrument
f. Fraud in factum or fraud in esse contractus