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What is question number 8? signature of the front of a check cannot be an indorsement. May an indorsement be written on the front of

What is question number 8?

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signature of the front of a check cannot be an indorsement. May an indorsement be written on the front of an instrument? Explain. [See: United States v. Tufi, 536 F.2d 855 (9th Cir.).] 8. Morse wrote a check for $2,500 payable to Reynolds for services rendered. Reynolds fraudulently raised the check to $5,500, indorsed it "without recourse," and deposited it in her bank account. Later, when the alteration was discovered, Reynolds argued that she was not responsible because her indorsement was qualified. Do you agree with Reynolds? Why or why not? [See: Wolfram v. Halloway, 361 N.E.2d 587 (IL). ] 9. Sanders borrowed $5,000 from Waskow, giving Waskow a promissory note that read, "One year from date, I promise to pay to the order

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