Hilltop Bank is an HDC of a note for $1,000 on which there is the forged signature of "Rob." If sued on the note by Hilltop, Rob's best defense would be
A) illegality.
B) fraud in the execution.
C) material alteration.
D) forgery.

Question

Hilltop Bank is an HDC of a note for $1,000 on which there is the forged signature of "Rob." If sued on the note by Hilltop, Rob's best defense would be​
A) ​illegality.
B) ​fraud in the execution.
C) ​material alteration.
D) ​forgery.

Quizplus · Accepted Answer

Rob's best defense would be forgery since the signature on the note is not his own and is a fraudulent act committed by someone else.

Hilltop Bank Is an HDC of a Note for $1,000