Revised Article 3 provides that the impostor rule does not include an impostor who impersonates an agent of a principal and who induces someone to create a negotiable instrument payable to the principal.
Correct Answer:
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Q24: A negotiation may be valid to transfer
Q25: Ella induces Tammy, by fraud in the
Q26: The FTC upholds the preferential position enjoyed
Q27: An indorsement in trust creates a trust
Q28: A negotiation is void if the transaction
Q30: David makes and delivers a promissory note
Q31: Any transfer for value of an instrument
Q32: An indorsement must be written on the
Q33: A person can be a holder if:
A)
Q34: An indorsement "Pay Alice Adams" is an
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