If a person is ________ Article 3 precludes her from using an alteration or lack of authorization as a reason for not paying a holder in due course.
A)forgetful
B)ignorant
C)negligent
D)deemed incompetent

Question

Quizplus · Accepted Answer

A person can be so negligent in writing or signing a negotiable instrument that she,in effect,invites an alteration or an unauthorized signature on it.If a person has been negligent,Article 3 precludes her from using the alteration or lack of authorization as a reason for not paying a person who,in good faith,pays the instrument or takes it for value.

If a Person Is ________ Article 3 Precludes Her from Using