Multiple Choice
A check is made payable to "Mark Spitz." If Spitz wishes to negotiate the instrument, he must
A) indorse the instrument.
B) deliver the instrument.
C) indorse and deliver the instrument.
D) indorse or deliver the instrument at the discretion of Mark Spitz.
Correct Answer:

Verified
Correct Answer:
Verified
Q40: A check made out to "cash" is
Q41: Which of the following requirements must be
Q42: The most common method of discharging a
Q43: Farnsworth has an instrument which was made
Q44: The Uniform Commercial Code (UCC) is very
Q45: Receiving an instrument by negotiation<br>A) is the
Q46: Riggins indorsed her paycheck with her signature
Q48: A payee of a negotiable instrument can
Q49: A negotiable instrument may be negotiated by<br>A)
Q50: Any significant alteration of a negotiable instrument