If a person has been negligent in signing a negotiable instrument,she may use the lack of authorization as a reason for not paying a person who in good faith pays for it.
Correct Answer:
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Q1: No person is contractually liable on a
Q5: An instrument is not converted when a
Q6: The terms of the contract of the
Q7: Warranties do not depend on presentment,dishonor,and notice
Q8: A party to a negotiable instrument is
Q9: A signature that is not "authorized" when
Q10: Which of the following statements is true
Q10: Notice of dishonor must be made only
Q11: If someone signs a person's name to
Q17: If a drawee bank mistakenly paid a
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