What is the effect where a signature on a bill of exchange is forged or placed thereon without the authority of the person whose signature it purports to be?
Answer ANY TWO questions. All questions carry equal marks. Q1. (a) ‘Consideration must be sufficient but need not be adequate.’ Critically assess the accuracy of this statement (b). The N Bank has lent Fred £20,000 which is due for repayment on December1. Learning that Fred’s employers, X Ltd, is on the verge of insolvency, it […]