Author Question: An easement by prescription is really just a license. Indicate whether the statement is true or ... (Read 76 times)

laurencescou · **on:** Jun 24, 2018

An easement by prescription is really just a license.
Indicate whether the statement is true or false

Question 2

A negotiable promissory note was issued by Gold. It was properly issued in all ways. Nevertheless, the payee managed to alter the note and raise the amount from 500 to 5,000. A holder in due course presented the note for payment to Gold who discovered the alteration. In this case:
A) Gold is liable for 500 only.
B) Gold is liable for the full 5,000.
C) Gold has no liability on the altered note.
D) Gold is liable for 2,500.