An unauthorized signature may be ratified and thereby become valid so far as its effect as a signature and so far as removing civil and criminal liability of the person who had forged the signature.
Correct Answer:
Verified
Q27: A transferee who has been a party
Q28: Revised Article 3 defines _ as "honesty
Q29: The subjective component of good faith measures
Q30: A payee cannot be a holder in
Q33: Under the shelter rule,a person who is
Q33: Fraud in the inducement is a real
Q34: Buying an instrument for a price less
Q35: Only a holder in due course may
Q37: Notice of which of the following circumstances
Q40: A holder in due course has 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