Fact Pattern 26-1B
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, who then in?dorses it to Nat, the present holder.
-Refer to Fact Pattern 26-1B. Suppose that Mona pays Nat on the note. With timely notice to the proper parties, Mona may collect payment on the note from

Question

Fact Pattern 26-1B 
Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, who then in?dorses it to Nat, the present holder.
-Refer to Fact Pattern 26-1B. Suppose that Mona pays Nat on the note. With timely notice to the proper parties, Mona may collect payment on the note from

Quizplus · Accepted Answer

When Mona pays Nat and becomes the holder of the note, she can collect payment on the note from any prior endorsers, which in this case are Jake, Kim, and Lou. Therefore, with timely notice to the proper parties, Mona may collect payment on the note from choice A.