
Generally,indorsers are not liable under signature liability if:
A) they write the words "without recourse" next to their signatures on the instrument.
B) they are not the drawee.
C) a check is presented for payment within 30 days after the indorsement.
D) all of the above.
Correct Answer:
Verified
Q32: In the case of In re Couchot,the
Q32: Tom indorsed a check made payable to
Q34: Soiya is a holder in due course
Q35: If Liz collects payment from Tyler,then Tyler
Q36: Which of the following statements is true
Q38: Mona co-signs a promissory note with her
Q39: When a person indorses a check,the indorser
Q40: The UCC requires that anyone wishing to
Q42: Olga draws a check payable to Sven.Sven
Q43: Explain when presentment warranties apply.Identify the presentment
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