A. Discuss the process the holder (Hal) would use in collecting on the note.

B. Discuss the liability of each party (Maker & indorsers) to the note.

C. What are Blue's and Do's form of indorsement?

4. The following is a promissory note: 4 front back Note forgery > s/ Al Able due: 4-10-20 $10,000 pay to order of Carol Cool signed Bert Blue I promise to pay to order of Al Able 4 the sum of $10,000. signed Carol Cool - without recourse 4 signed Dan Do signed Iva Borrowed 4