True/False
When an instrument has a forged indorsement,the loss usually falls on its maker or drawer.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: Molly signs a promissory note payable to
Q12: When there is a breach of an
Q13: Rex signs a check "pay to the
Q14: A person who issues a negotiable instrument
Q16: Every person who signs a negotiable instrument
Q17: Commercial Credit Company has in its possession
Q18: Fact Pattern 26-1B <br>Jake is the maker
Q19: A drawer is secondarily liable on an
Q20: An unauthorized signature never binds the person
Q69: The dishonor of an instrument relieves secondary