Authorized signatures are not binding if negligence contributed to an instrument's alteration or forgery,
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Q4: Two parties are primarily liable: the drawer
Q5: When acceptance or payment is refused after
Q6: If presentment is delayed, the drawer may
Q7: Agents are discouraged from signing instruments on
Q8: For an unaccepted draft, the drawer's liability
Q10: An accommodation maker is not primarily liable
Q11: Liability can also arise by warranty.
Q12: Unlike primary liability, secondary liability is conditional,
Q13: Bank returns a check for lack of
Q14: Presentment cannot be excused even if the
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