A promissory note reads: I promise to pay to the order of B P10,000, 30 days...

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A promissory note reads: "I promise to pay to the order of B P10,000, 30 days after date". Sgd. A A issued the promissory note to B indorsed it to C. Then X stole the note from C, forged the signature of C and negotiated it to D and D to E and E to F, the holder. Questions: 1. Can F collect from A on maturity? 2. If after giving the proper notice of dishonor to all the parties secondarily liable, can F collect from B? Answers: 1. Yes, because the signature of A is genuine and the instrument, as regards A was complete and delivered 2. Yes, as an indorser B warrants that the instrument is genuine and that it is valid and subsisting a. Both answers are correct c. First is correct, second is wrong b. Both answers are wrong d. First is wrong, second is correct Using the preceding no. Questions: 1. Can F collect from C? 2. Against whom can F collect? Answers: 1. No, because C's signature or indorsement was forged therefore it is wholly inoperative 2. F can collect from either D or E because their signatures are genuine and the instrument becomes operative against them a. Both answers are correct c. First is correct, second is wrong b. Both answers are wrong d. First is wrong, second is correct A promissory note reads: "I promise to pay to the order of B P10,000, 30 days after date". Sgd. A A issued the promissory note to B indorsed it to C. Then X stole the note from C, forged the signature of C and negotiated it to D and D to E and E to F, the holder. Questions: 1. Can F collect from A on maturity? 2. If after giving the proper notice of dishonor to all the parties secondarily liable, can F collect from B? Answers: 1. Yes, because the signature of A is genuine and the instrument, as regards A was complete and delivered 2. Yes, as an indorser B warrants that the instrument is genuine and that it is valid and subsisting a. Both answers are correct c. First is correct, second is wrong b. Both answers are wrong d. First is wrong, second is correct Using the preceding no. Questions: 1. Can F collect from C? 2. Against whom can F collect? Answers: 1. No, because C's signature or indorsement was forged therefore it is wholly inoperative 2. F can collect from either D or E because their signatures are genuine and the instrument becomes operative against them a. Both answers are correct c. First is correct, second is wrong b. Both answers are wrong d. First is wrong, second is correct