Text: RECOURSE -The rights of a holder in due course of a financial instrument (such as a loan) to force the endorser on the instrument to meet his or her legal obligations for making good the payment of the instrument if dishonored by the maker or acceptor.
Entailment: Recourse is a legal right possessed by the holder of a financial instrument.
Contradiction: The endorser of a financial instrument has no obligation to make payment to a rights holder.