menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Essentials of Business Law and the Legal Environment Study Set 1
  4. Exam
    Exam 25: Transfer and Holder in Due Course
  5. Question
    Wanda Indorsed a Check from Her Cousin by Signing Her Name
Solved

Wanda Indorsed a Check from Her Cousin by Signing Her Name

Question 19

Question 19

True/False

Wanda indorsed a check from her cousin by signing her name on the back, but she dropped it on the sidewalk on the way to the bank.The check is now comparable to cash because it is a bearer instrument.

Correct Answer:

verifed

Verified

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

Related Questions

Q2: Revised Article 3 provides that the impostor

Q10: The impostor rule is an exception to

Q14: Which of the following is required regarding

Q15: The customary manner of disclaiming the indorser's

Q17: Vicki, a bookkeeper for Emilio Enterprises, steals

Q20: "Pay to the order of Jose Dejesus"

Q22: In a nonconsumer transaction, a holder in

Q23: Opal had a check for $294 made

Q43: An indorsement "Pay Alice Adams" is an

Q49: The transfer of a nonnegotiable promise or

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