If the Holder of an Instrument Strikes Out the Names

question 62

True/False

If the holder of an instrument strikes out the names of several of the in?dorsers, any liability those parties had on the instrument is canceled.

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Definitions:

Unconstitutional

Not in accordance with the constitution of a country or the foundational principles upon which the legal system is built.

Protected Classes

Groups of people legally protected from discrimination by law, based on characteristics such as race, gender, age, or disability.

Employment Discrimination

The unfair or prejudiced treatment of individuals in the workplace based on characteristics such as age, race, gender, or religion.

Federal Laws

Legislation enacted by the federal government of a country, applicable nationwide.