________ is the false writing or alteration of an instrument with the fraudulent

ID: 391317 • Letter: #

Question

________ is the false writing or alteration of an instrument with the fraudulent intent of deceiving and injuring another.

Usury.

Negligent misrepresentation.

Forgery.

Unfair lending.

A purchaser of a limited interest in commercial paper can be a holder in due course only to _________.

The full value of the paper.

The extent of the interest purchased.

One half of the interest purchased.

Any interest payments made on the instrument.

A bank's written commitment that an instrument will be paid upon the holder's request for payment is ____________________.

Presentment

Acceptance

C.)

Accommodation

Certification

A.)

Usury.

B.)

Negligent misrepresentation.

C.)

Forgery.

D.)

Unfair lending.

1) Negligent Misrepresentation ( part b )

2) The extent of interest purchased ( part b )

3) Acceptance ( part b )

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