Will it alter the result of the case? explain

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Question: Without receiving value for the purpose of lending his name, A makes a promissory note of P50,000.00 payable to the order of "B" who negotiates it to "C", the latter knowing that A is not a party for value. Q1: May C recover from A if the latter interposes the defense of absence or failure of consideration? EXPLAIN. 02: Supposing "A" received P3.000.00 for lending his name, will it alter the result of the case? EXPLAIN.

Reference no: EM133671501

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