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true or false 6. Juan Tamad is a holder in due course. The instrument was...

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Accounting

true or false

6. Juan Tamad is a holder in due course. The instrument was contains a forged signature. The maker of the instrument is not liable to Juan Tamad ______

7. Ms Sexy Babe was indebted to Mr. Gwapo. In order to secure her debt she issued a document written in tissue paper as they were in the comfort room at that time. The instrument provides. I promise to pay table P5000 signed Ms Sexy Babe. The document made by Ms Sexy Babe is a negotiable instrument even if words of negotiability are absent. __________

8. Mr. Iron Man made an instrument written like this I promise to pay Juan dela Cruz or order P15,000.00 or a sack of rice. Signed Iron Man The instrument is negotiable. _________

9. Mr. Iron Man made an instrument which provides I promise to pay Juan Tamad P15,000 for the debt I earned from work. Signed Iron Man The instrument is negotiable _________

10. the instrument went this way I promise to pay whoever is holding this instrument P5000 by installment. signed X the instrument is negotiable _______

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