X obtains Y's acceptance to a bill by fraud. X endorses it to Z who takes it
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Question:
X obtains Y's acceptance to a bill by fraud. X endorses it to Z who takes it as a holder in due course. Z endorses the bill to F who knows of fraud. Explain if F can recover from X.
(5 marks)
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
Posted Date: