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If Drawers, Makers, and Subsequent Indorsers Were Liable to a Holder

Question 24

Multiple Choice

If drawers, makers, and subsequent indorsers were liable to a holder in due course, which of the following would not hold true?


A) Infancy
B) Forgery
C) Bankruptcy
D) Fraudulent alteration
E) Fraud in the execution

Correct Answer:

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