Liability on negotiable instruments flows from:

Name: Liability on negotiable instruments flows from:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Liability on negotiable instruments flows from signatures on the instruments as well as actions taken concerning them. It can arise from the fact that a person has signed a negotiable instrument or has authorized someone else to sign it. The liability depends on the capacity in which the person signs the instrument.

Liability on Negotiable Instruments Flows From