In this case the parties liable can only set up against the holder defences which could be set up against the endorser. 在此种情形下,支票负责各方,仅得以可对抗背书者的理由对抗执票人。
The acceptor for honour is liable to the holder and to all parties to the bill subsequent to the party for whose honour he has accepted. 信誉承兑人须对执票人及被维护信誉之当事人以后所有当事人负责。