Solved

Maxim Received a Cheque That Was Specially Endorsed to Him

Question 11

Multiple Choice

Maxim received a cheque that was specially endorsed to him under several conditions.Alexa then acquired that same cheque from Maxim under the same conditions,and Tori then acquired it from Alexa with those same conditions.Albert was the last and final person to acquire the cheque which he received from Tori with the same conditions attached.If none of the individuals listed above were involved with fraudulent or illegal activity,which of them other than Maxim were holders in due course?


A) Alexa only
B) Alexa,Tori
C) Alexa,Tori,Albert
D) Albert only
E) Tori,Albert

Correct Answer:

verifed

Verified

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

Related Questions