Generally,indorsers are not liable under signature liability if
A)they write the words "without recourse" next to their signatures on the instrument.
B)they are not the drawee.
C)a check is presented for payment within 30 days after the indorsement.
D)they are an accommodation party.

Question

Quizplus · Accepted Answer

If an indorser writes the words "without recourse" next to their signature on the instrument, they are indicating that they are not assuming any liability for payment of the instrument. Therefore, they cannot be held liable under signature liability.

Generally,indorsers Are Not Liable Under Signature Liability If