Exam 25: Transferability and Holder in Due Course

arrow
  • Select Tags
search iconSearch Question
flashcardsStudy Flashcards
  • Select Tags

Fact Pattern 25-A1 Rollo obtains a check payable to his order from Simone. Rollo signs the back and gives the check to Trey. Trey writes “Pay to Trey” above Rollo’s signature. -Refer to Fact Pattern 25-A1. By writing "Pay to Trey" above Rollo's signature, Trey

(Multiple Choice)
4.7/5
(36)

A person who acquires a check stamped "insufficient funds" is put on notice and thereby acquires HDC status.

(True/False)
4.7/5
(38)
Showing 41 - 42 of 42
close modal

Filters

  • Essay(0)
  • Multiple Choice(0)
  • Short Answer(0)
  • True False(0)
  • Matching(0)