Shawn was an indorser on a check.A subsequent holder presented the check to the bank named on the instrument and was informed that there was not enough money in the account to honor the check.The next day,the subsequent holder demanded the money from Shawn.Must Shawn pay the subsequent holder of the instrument? Why or why not?

Indorser

An alternative spelling of "endorser," referring to a person who signs a document (often a negotiable instrument) to endorse it, thereby assuming responsibility under certain conditions.

Subsequent Holder

An individual or entity that lawfully receives possession or control of a negotiable instrument, such as a check or promissory note, after it has been issued.

Honor

A principle that drives individual conduct to embody integrity, respect, and ethical behavior.