menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Contemporary Business
  4. Exam
    Exam 20: Creation and Transfer of Negotiable Instruments
  5. Question
    When the Name of a Payee or Indorsee Is Misspelled,the
Solved

When the Name of a Payee or Indorsee Is Misspelled,the

Question 48

Question 48

True/False

When the name of a payee or indorsee is misspelled,the payee or indorsee must indorse the instrument in both the correctly spelled name and in the name as misspelled.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Identify the following instrument.Fully explain.<br> <span

Q44: In an assignment,the assignee cannot receive greater

Q45: An instrument can be a sight draft

Q46: The drawee becomes liable to pay a

Q47: On January 10,2011,Jonathan writes a check,payable to

Q49: A transfer of an instrument where the

Q50: Once created,a negotiable instrument can be transferred

Q51: If sufficient credible witnesses are brought forth,an

Q52: If requirements established by Article 3 of

Q53: All negotiable instruments can be classified into

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines