True/False
An indorsee cannot use the notation "without recourse" to avoid liabil?ity for payment on the instrument.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q26: Rayette transfers a draft by signing it
Q31: A blank indorsement can consist of a
Q36: Lauren transfers an instrument to Miguel in
Q37: The recipient of a negotiable instrument becomes
Q38: A holder takes an instrument for value
Q39: If a note is payable in thirty
Q40: Finest Office Company employs General Construction,Inc.(GCI),to reno?vate
Q45: A person who acquires a check stamped
Q46: Eve possesses an instrument that is "payable
Q47: Fact Pattern 25-1B <br>First Bank's account agreement