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Jennifer Signs a Promissory Note to Pay $2,500 to Clara

Question 46

Multiple Choice

Jennifer signs a promissory note to pay $2,500 to Clara.Clara negotiates the instrument and indorses it to Anthony.Anthony alters the note to make the payment amount $25,000 and negotiates the note to Nicholas.Nicholas indorses the note and negotiates it to Mack.Nicholas and Mack are both unaware of the alteration done by Anthony.At this point,who has primary liability over the note?


A) Nicholas
B) Anthony
C) Clara
D) Jennifer

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