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Signing a Negotiable Instrument

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Of the following roles that persons who sign a negotiable instrument can play, which do not have signature liability on the instrument?

a. Authorized signers, qualified endorsers, and those signing properly as an authorized agent.
b. Qualified endorsers and those signing properly as an authorized agent.
c. Accommodation signers and qualified endorsers.
d. Accommodation signers, qualified endorsers, and those signing properly as an authorized agent.
e. None of these is correct because anyone who signs an instrument incurs signature liability.

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Solution Summary

The response explains who does not have signature liability on a negotiable instrument.

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