An unauthorized signature cannot be ratified by the person whose name appears on the instrument.
Correct Answer:
Verified
Q17: A signature may be made by an
Q18: An accommodation party will always be primarily
Q19: Under Revised Article 3 of the UCC,
Q20: Indorsers of all instruments incur primary liability
Q21: By indorsing a check, "Without recourse," Pat
Q23: An acceptor should always indicate on the
Q24: Presentment is excused where the acceptor is
Q25: The maker is the primary party on
Q26: In Cohen v. Disner the court found
Q27: First Bank returns a check because it
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