Multiple Choice
What happens if the name of the indorsee or payee is misspelled in an indorsement?
A) The instrument becomes nonnegotiable.
B) The instrument can be indorsed with the misspelled name.
C) The instrument has to be remade to be valid.
D) The instrument cannot be subsequently indorsed.
Correct Answer:
Verified
Correct Answer:
Verified
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