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Documents Chapter 26 Liability, Defenses and Discharge. 2 Liability There are two kinds of liability...

Slide 1 Chapter 26 Liability, Defenses and Discharge Slide 2 2 Liability There are two kinds of liability associated with negotiable instruments: Signature liability. Warranty…

Documents Forgery and Alteration

Wrongdoing and Error Forgery and Alteration Forgery â First Step Ascertain whose name is forged: Maker of note Payee (indorser) Drawer Different rules apply based on identity/status…