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    Business Law Text and Exercises Study Set 2
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    Exam 23: Negotiable Instruments: Transfer and Liability
  5. Question
    If a Maker or Drawer Believes an Imposter to Be
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If a Maker or Drawer Believes an Imposter to Be

Question 58

Question 58

True/False

If a maker or drawer believes an imposter to be the named payee on an instrument, the imposter's indorsement is not treated as unauthorized.

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