Multiple Choice
All of the following are "real defenses" except a:
A) note made by a minor.
B) check written while a gun is held to the drawer's head.
C) note given in exchange for worthless securities.
D) check fraudulently changed from $100 to $400.
Correct Answer:
Verified
Correct Answer:
Verified
Q47: Order paper is negotiated by:<br>A) indorsement alone.<br>B)
Q48: Which of the following is a special
Q49: The transfer of a nonnegotiable promise or
Q50: Blane indorsed his paycheck in blank and
Q51: What are the requirements for a transferee
Q53: An indorsement stating "Pay Paula Hobson only":<br>A)
Q54: Every indorsement is either blank or special.
Q55: A blank indorsement converts order paper to
Q56: Art signs a promissory note payable to
Q57: An indorsement limiting payment to a particular