Liability on negotiable instruments flows from:
A) proper payment of the instrument.
B) signatures on the instruments.
C) non-presentment of an instrument.
D) writing "without recourse" on the instrument.
Correct Answer:
Verified
Q1: No person is contractually liable on a
Q2: A person who is secondarily liable is
Q4: A bank that cashes a check with
Q5: A signature not "authorized" when it is
Q6: The terms of the contract of the
Q9: A nonindorsing transferor makes all five transfer
Q10: Notice of dishonor must be made only
Q11: If a person has been negligent in
Q17: If a holder has indorsed a negotiable
Q17: If a drawee bank mistakenly paid a
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