A forged or otherwise unauthorized signature necessary to negotiation breaks the chain of title to the instrument.
Correct Answer:
Verified
Q30: An indorsement may be simple or complex.
Q31: Defenses that may not be asserted against
Q32: David makes and delivers a promissory note
Q33: An executory promise, which is valid consideration
Q34: Jennifer, who stole a check "payable to
Q36: "Pay to the order of Jose Dejesus"
Q37: The two types of indorsements are blanket or
Q38: Any transfer for value of an instrument
Q39: An indorsement "Pay to Jones Construction Company
Q40: Jill issues a negotiable promissory note to
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