When commercial paper on which the signature of the maker or drawer has been forged, the person liable is the:
A) acceptor.
B) holder in due course.
C) drawer.
D) endorser.
Correct Answer:
Verified
Q33: A holder in due course is sometimes
Q34: All the following conditions release an endorser
Q35: A demand instrument such as a note
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Q37: The party who has taken commercial paper
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Q40: The Uniform Commercial Code assumes there are
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Q42: When is commercial paper deemed dishonored?
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