Question
13. The words without recourse on an indorsement means the indorser is A. liable personally, but not other parties. B. only liable for up to
13. The words "without recourse" on an indorsement means the indorser is
A. liable personally, but not other parties.
B. only liable for up to fifty percent of the loss.
C. not liable for any problems associated with the instrument. D. not liable if the instrument is dishonored.
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Wiley CIA Essentials Of Internal Auditing Part 1 Exam Review 2023
Authors: S. Rao Vallabhaneni
1st Edition
1119987148, 978-1119987147
