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In the Case of in Re Couchot,the Court Held That

Question 15

Multiple Choice

In the case of In re Couchot,the court held that Kathy Couchot:


A) is liable to Star Bank only for the consideration she directly received from the loan.
B) was not liable for the note, since there was a material alteration.
C) must pay the note since she signed as an accommodation party.
D) fraudulently altered the note.

Correct Answer:

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