Multiple Choice
Cole issues a note "payable to the order of Cole," forges Dylan's signature as the maker,and indorses the note "pay to Eton." Cole sells the note to Eton,who negotiates it by indorsement and delivery to Franz.Franz negotiates the note to Gert.On this note,Gert can extend liability to
A) no one.
B) only Cole,Eton,or Franz.
C) only Eton or Franz.
D) only Franz.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Biff signs a note "payable to the
Q4: Delores's Restaurante borrows $100,000 at 6 percent
Q5: Kris is an administrative assistant with Little
Q6: On January 1,Kane issues a note payable
Q7: Universal defenses are good against all holders
Q9: If delivery of goods becomes impossible,a party
Q11: Molly signs a promissory note payable to
Q12: When there is a breach of an
Q13: Rex signs a check "pay to the
Q69: The dishonor of an instrument relieves secondary