77. Distinguish between forgery and material alteration.
78. If a note is materially altered by a stranger is it void?
79. Define fraud.
80. Distinguish fraud and duress.
81. Are fraud and duress good defenses as against a bonâ fide holder.
82. If a forged note is lost or stolen can it be collected?
83. If a note procured through fraud is lost or stolen can it be collected by an innocent holder?
84. Define real defense to a negotiable instrument.
85. What is meant by personal defense?
86. Enumerate the real defenses to a negotiable instrument.