True/False
A person whose name is forged on an instrument is liable to pay only a holder in due course the value of the forged instrument.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Toby signs a note "payable to the
Q17: An imposter's indorsement on an instrument can
Q18: Dirk is the maker of a note,on
Q19: Birdie,an accountant for Country Custom Furniture,Inc.,issues company
Q20: Nero signs a check "pay to the
Q23: Ian transfers a note,for consideration,to Jock by
Q24: A signature can be made by use
Q26: Signature liability is contingent liability.
Q36: An authorized agent binds a principal on
Q62: All parties to a negotiable instrument will