Multiple Choice
Conversion of an instrument will occur if:
A) a bank cashes a check with a forged indorsement.
B) a bank refuses to return a canceled check.
C) a bank takes a check from another bank.
D) an indorser gives a check to the bank.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: A drawee bank is primarily liable after
Q17: An acceptance must be written on the
Q18: An unauthorized signature may bind a principal
Q19: Jan Arthur writes a $200 check to
Q21: Under Revised Article 3 of the UCC,
Q22: A(n)_ signs an instrument to lend his
Q23: In which of the following situations has
Q24: What is the difference between the liability
Q26: Which of the following is true of
Q27: On the due date, Merrel makes proper