When an Indorsement on an Instrument Has Been Forged or Is

question 91

Multiple Choice

When an indorsement on an instrument has been forged or is unauthorized,the loss falls on the party who first takes the forged instrument after the forgery.Which of the following is an exception to this rule?

• A) the FTC HDC rule
• B) the exclusionary rule
• C) the imposter rule
• D) the good faith rule

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Definitions:

Extensors

muscles that increase the angle between components of a limb, working to extend or straighten out the limb.

Tissue

Groups of similar cells in an organism that work together to perform specific functions.

Pathology Present

The existence of disease or disease processes as identified by studying bodily tissues and fluids.

Muscular

Relating to or affecting the muscles of the body.