A Person Whose Name Is Forged on an Instrument Is

question 21

True/False

A person whose name is forged on an instrument is liable to pay only a holder in due course the value of the forged instrument.

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Definitions:

Permission

Authorization given by a competent authority to do something that could otherwise be illegal or against the rules.

Libel

The act of publishing false statements that damage a person's reputation.

Defamation

A false statement presented as fact that causes harm to someone's reputation, which can be categorized as libel (written) or slander (spoken).

Online Blog

A website or web page that is regularly updated with written content, often focusing on a specific topic, personal experiences, or information sharing.