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Lance indorses a promissory note to Connie in exchange for consideration. Unknown to Lance, the note ...

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Lance indorses a promissory note to Connie in exchange for consideration. Unknown to Lance, the note ...

Lance indorses a promissory note to Connie in exchange for consideration. Unknown to Lance, the note is not good because the maker's signature was forged. Connie later attempts to present the instrument for payment to the original alleged maker, Lilly, who is able to deny liability for payment due to the forged signature. Connie may later sue Lance for breach of a transfer warranty.
Indicate whether the statement is true or false

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maan Author

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6 years ago

Thanks

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Thanks

smdavis

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this is exactly what I needed

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