menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 21: Holder in Due Course and Liability of Parties
  5. Question
    A Drawer or Maker Is Generally Liable for Payment on a Forged
Solved

A Drawer or Maker Is Generally Liable for Payment on a Forged

Question 83

Question 83

True/False

A drawer or maker is generally liable for payment on a forged indorsement of a fictitious payee.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q25: A person cannot be held contractually liable

Q78: On January 10,2011,Jonathan writes a check,payable to

Q79: A purchaser cannot be a holder in

Q80: Who is discharged if a holder strikes

Q82: A holder in due course takes negotiable

Q84: There are two (2)types of implied warranties:

Q85: Under the Uniform Commercial Code,value has been

Q86: Cancellation of a negotiable instrument may be

Q87: Under the Uniform Commercial Code,value has been

Q88: Which of the following parties are liable

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines