eliarnol5476 eliarnol5476
  • 25-05-2023
  • Business
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In the case of a check, when the impostor rule applies: the drawer of the check can successfully raise the defense of the forged endorsement.
the forged endorsement is effective to negotiate the instrument.
the forged endorsement is ineffective to negotiate the instrument.
the instrument becomes nonnegotiable.

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