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    Answer: in This Case The Forgery Is Not Available As Defense To Any Party To The Instrument

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    exquisite
    M made a note payable to P, who endorsed it to A. The note was stolen from A by F, who forged A's signature to negotiate it to B. B then endorsed the note to C, who endorsed it to H. According to the answer, none of the parties can use forgery as a defense, as H is a holder in due course.

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    Answer: in This Case The Forgery Is Not Available As Defense To Any Party To The Instrument

    Uploaded by

    exquisite
    6 views1 page
    M made a note payable to P, who endorsed it to A. The note was stolen from A by F, who forged A's signature to negotiate it to B. B then endorsed the note to C, who endorsed it to H. According to the answer, none of the parties can use forgery as a defense, as H is a holder in due course.

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    M made a note payable to P, who endorsed it to A. The note was stolen from A by F, who forged A's signature to negotiate it to B. B then endorsed the note to C, who endorsed it to H. According to the answer, none of the parties can use forgery as a defense, as H is a holder in due course.

    Copyright:

    © All Rights Reserved
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    Download as docx, pdf, or txt
    6 views1 page

    Answer: in This Case The Forgery Is Not Available As Defense To Any Party To The Instrument

    Uploaded by

    exquisite
    M made a note payable to P, who endorsed it to A. The note was stolen from A by F, who forged A's signature to negotiate it to B. B then endorsed the note to C, who endorsed it to H. According to the answer, none of the parties can use forgery as a defense, as H is a holder in due course.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
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    Case 2

    M makes note payable to P or bearer and delivers the note to P. P indorses the
    note to A. A keeps the note in his drawer but it is stolen by F who negotiates the same
    to B by forgoing A’s signature, B indorses the note to C, C indorses the note to H, a
    holder in due course. Who among the following can set up the defense of forgery?

    Answer: In this case the forgery is not available as defense to any party to the
    instrument.

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