Question
Albert signed a negotiable promissory note payable to Bert, who altered the note by removing the decimal point and adding a zero so that what
Albert signed a negotiable promissory note payable to Bert, who altered the note by removing the decimal point and adding a zero so that what was originally a note in the amount of 10000 became what appeared to be a note in the amount of $100,000 . Bert negotiated it to Charlie with an unqualified indorsement Charlie Indorsed the note to Durwood without recourse". Durwood negotiated the note to Elwood with an unqualified Indorsement . Elwood presented it to Albert on the due date Which of the following is true? Who is secondarily liable on the note?
A. Bert and Durwood are secondarily the note
B. Bert Charlie and Durwood are secondarily liable on the note .
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