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:

Appetitive

Refers to behaviors or processes associated with seeking out and approaching positive or desired stimuli.

Fixed Patterns

A term that refers to repeatable and predictable behaviors or sequences observed in natural or designed systems.

Taxes

Movements or orientations of an organism in response to external stimuli.

Fixed Action Patterns

Instinctive behavioral sequences that are relatively invariant within the species and are triggered by specific stimuli.