Multiple Choice
Which of the following best describes alteration?
A) It is an authorized change in an instrument that does not necessarily modify the obligation of a party.
B) It is an authorized change in an instrument that is done during the process of theft.
C) It is an unauthorized change in an instrument that purports to modify in any respect the obligation of a party.
D) It is an authorized change in an instrument that is done under duress.
Correct Answer:

Verified
Correct Answer:
Verified
Q2: Which of the following is legally permissible
Q3: A holder for value and in good
Q4: An agent who signs an instrument indicating
Q5: In general, the defenses available in a
Q6: A check is considered dishonored if it
Q8: Which of the following is true of
Q9: is the demand for acceptance or payment
Q10: Which of the following is an example
Q11: Even in cases in which the defendant's
Q12: When an alteration is fraudulently made,