Forger Drafted a Promissory Note and Forged Fred's Signature on It.Before

question 23

Essay

Forger drafted a promissory note and forged Fred's signature on it.Before he could do anything with it,Thief stole it,and transferred it to Commercial Loan Co.,for value.Commercial usually did not buy commercial paper from people who walk in off the street,but business was slow,so they took it.Commercial had no actual notice of the forgery,but the manager in charge thought the circumstances were suspicious.On the note's due date,Commercial demanded payment from Fred.Obviously,Fred refused to pay.Commercial sues Fred on the note.Assuming the note qualifies as a negotiable instrument in all aspects not mentioned above,discuss the probable outcome of this suit.

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Definitions:

Profane

In the sociological context of religion, it refers to that which is ordinary, not sacred, and outside the realm of religious significance.

Religious Fundamentalism

A strict adherence to specific theological doctrines typically in reaction against modernist interpretations of religion.

Political Phenomenon

Encompasses events, behaviors, or movements within the political sphere that are significant due to their impact, novelty, or representativeness of broader trends.

Civil Religion

A set of religious or quasi-religious beliefs shared by the members of a society, often intertwined with political and nationalistic elements.