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true or false 7) Codes of conduct merely reflect the minimal standard of what the law requires. 8) Sue makes a note payable to the

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7) Codes of conduct merely reflect the minimal standard of what the law requires. 8) Sue makes a note payable to the order of Eric. Eric indorses it and delivers it to Henry, who gives Eric his indorsed paycheck in return. Henry is a "holder" of the note. 9) D has owed C a debt of $500 for two years. If D now signs a promissory note payable to C, the antecedent debt meets the requirement of "value" in determining C's status as a holder in due course. 0) An unauthorized signature may be ratified and thereby become valid so far as its fect as a signature and so far as removing civil and criminal liability of the person who orged the signature l) Indorsers of all instruments incur secondary or conditional liability if the instrument not paid ) An accommodation party's liability is determined by the capacity in which he signs

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