Exam 26: Liability, Defenses, and Discharge

Rex signs a check "pay to the order of Sophie" drawn on Rex's account in Town Bank. To impose liability on Rex if Town Bank dishonors the check, Sophie should present it for payment within

Burt, a mentally impaired person, is asked by Carl to sign a piece of pa?per that Carl says is an autograph book. In fact, the document is a note. If later sued by an HDC, Burt's best defense would be

Superior Company draws a check payable to Ted. Uri makes a note payable to Vital Finance Corporation. Primarily liable parties include

If a court has declared a person to be mentally incompetent, then any instrument issued by that person is void.