Cole issues a note "payable to the order of Cole," forges Dylan's signature as the maker,and indorses the note "pay to Eton." Cole sells the note to Eton,who negotiates it by indorsement and delivery to Franz.Franz negotiates the note to Gert.On this note,Gert can extend liability to
A)no one.
B)only Cole,Eton,or Franz.
C)only Eton or Franz.
D)only Franz.

Question

Quizplus · Accepted Answer

The Answer of Cole issues a note "payable to the order of Cole," forges Dylan's signature as the maker,and indorses the note "pay to Eton." Cole sells the note to Eton,who negotiates it by indorsement and delivery to Franz.Franz negotiates the note to Gert.On this note,Gert can extend liability to
A)no one.
B)only Cole,Eton,or Franz.
C)only Eton or Franz.
D)only Franz.

Cole Issues a Note "Payable to the Order of Cole