The Imposter Rule Regarding Negotiable Instruments

Multiple Choice

The imposter rule regarding negotiable instruments:

A) was devised to put the responsibility for determining the true identity of the payee on the drawee of a check.
B) makes the payee's signature valid even though it is a forgery.
C) does not force the maker to find the wrongdoer.
D) lays the responsibility of determining the identity of payee on latter holders of an instrument.