Multiple Choice
Industries Inc.drew a check payable to "Gloria Schell and Pippen Tallit" in the sum of $20,000.For a proper negotiation,the check needs to be indorsed:
A) only by Gloria Schell,since her name appears first.
B) by either payee,since the indorsement of only one of the payees is necessary to negotiate the check.
C) by both payees.
D) by the maker.
Correct Answer:
Verified
Correct Answer:
Verified
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