Assume that Joel signs a promissory note to Andrew, who in turn ...

[ashley]

Assume that Joel signs a promissory note to Andrew, who in turn negotiates the instrument to Luke. Of the three, Joel is the only person who has primary liability.
  Indicate whether the statement is true or false

Question 2

When a party takes a negotiable document as a good faith purchaser, it generally acquires even greater rights in the document than the one from whom it had been negotiated.
  Indicate whether the statement is true or false

[milbourne11]

Answer to Question 1

TRUE

Answer to Question 2

TRUE