An unauthorized signature never binds the person whose name is forged.
Correct Answer:
Verified
Q1: A drawer's liability does not arise until
Q1: Presentment war?ranties protect the person who presents
Q12: Dishonor occurs if payment of an instrument
Q12: The dishonor of an instrument relieves secondary
Q13: Dishonor occurs when proper presentment of an
Q14: An authorized agent may be personally liable
Q15: An acceptor is secondarily liable to all
Q19: Signature liability extends to any person who
Q20: A drawer is primarily liable on an
Q22: Accidental destruction of a negotiable instrument cancels
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