With few exceptions,an unauthorized indorsement is ________ as the indorsement of the person whose name is signed.
A) conditionally operative
B) partially operative
C) fully operative
D) wholly inoperative
E) partially inoperative
Correct Answer:
Verified
Q84: An accommodation party who signs an instrument
Q85: Which kind(s)of liability can be imposed only
Q86: An accommodation party can sign:
A) only as
Q87: Which of the following parties are liable
Q88: What is the significance of a defense
Q90: _ warranties cannot be disclaimed with respect
Q91: When a person transfers a negotiable instrument,to
Q92: Any passage of an instrument other than
Q93: Under the Uniform Commercial Code's indorsers' liability
Q94: A party who signs an instrument for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents