A person cannot be held liable on a negotiable instrument unless that person has signed the instrument.
Correct Answer:
Verified
Q7: The accidental destruction of a negotiable instrument
Q10: Sandy may be charged a fee,but will
Q13: Suppose that Emmett impersonates a famous clown.He
Q14: An indorser who writes "without recourse" above
Q15: Lance indorses a promissory note to Connie
Q17: An agent must clearly indicate that he
Q18: Warranty liability is the liability of someone
Q19: Assume that Joel signs a promissory note
Q19: A drawee has primarily liability on a
Q20: Paula is a sales agent for The
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents