Question 1 on negotiable instruments is ordinarily primary Indorsers and drawers are the parties whose liability True False
Those defenses thought to be so important that they are preserved even against a holder in due course are called real True False
a Which of the following best describes alteration? a. It is an authorized change in an instrument that is done during the process of theft. b. It is an unauthorized change in an instrument that purports to modify in any respect the obligation of a party c. It is an authorized change in an instrument that does not necessarily modify the obligation of a party d. It is an authorized change in an instrument that is done under duress.
Question 1 on negotiable instruments is ordinarily primary Indorsers and drawers are the parties whose liability True Fa
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