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?

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The Answer of 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?

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