True/False
If a payee's name is misspelled,the payee will be prevented from indorsing the instrument,as it may amount to fraud,depending on the jurisdiction the payee resides in.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q37: A holder is a person in possession
Q38: An assignment occurs when a nonnegotiable contract
Q39: Paul Painter agreed to paint Harry Homeowner's
Q40: A holder in due course takes an
Q42: Why are there so many different kinds
Q43: Even though an unperformed promise qualifies as
Q44: Which of the following is the best
Q45: Which of the following is true about
Q46: An instrument that is payable to a
Q97: With respect to negotiable instruments,the "red light