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If two persons endorse an instrument as part of the same transaction: Q each may be liable for up to half of the obligation. O

If two persons endorse an instrument as part of the same transaction: Q each may be liable for up to half of the obligation. O neither would be liable for the obligation. O both may be liable for the full amount of the obligation. O the instrument would be considered void and nonnegotiable.
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If two persons endorse an instrument as part of the same transaction: each may be liable for up to half of the obligation. neither would be liable for the obligation. both may be liable for the full amount of the obligation. the instrument would be considered void and nonnegotiable

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