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Sarah Gives a Negotiable Note for $5,000 to Roofing Contractors

Question 49

Essay

Sarah gives a negotiable note for $5,000 to Roofing Contractors.Roofing cleverly alters the note to $7,000 and negotiates the note to Bigger Bank for consideration.When this alteration is discovered,discuss what recourse Bigger Bank will have against Sarah and Roofing.

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Sarah is only liable for the original am...

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