Which of the following applies to signers when determining signature liability?
A) The location of the signature on an instrument usually determines the signer's capacity.
B) Qualified indorsers and agents are primarily or secondarily liable on the instrument.
C) Most indorsements appear on the front side of the instrument.
D) It is usually presumed that the indorsement is someone else's signature unless the instrument clearly indicates that it is that of the indorser.
Correct Answer:
Verified
Q30: The fact that the Federal Trade Commission
Q32: A principal will be held liable for
Q33: The accommodation indorser is primarily liable on
Q37: What is needed for a party to
Q39: When does acceptance of a draft occur?
A)
Q47: Personal defenses are effective against all holders,whether
Q50: Fraud in the inception occurs when a
Q72: Signature liability on a negotiable instrument is
Q97: Any passage of an instrument other than
Q99: Which of the following is true?
A) The
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