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    Business Law Study Set 1
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    Exam 25: Creating a Negotiable Instrument
  5. Question
    Margo Is in Possession of a Check Issued to Her
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Margo Is in Possession of a Check Issued to Her

Question 2

Question 2

True/False

Margo is in possession of a check issued to her by Felix.The check states,"Pay to the order of Margo." If Margo wishes to transfer the check to Pete to pay a debt she owes him,all she needs to do is strike out her name on the front of the check,write in Felix's name,and give it to him.

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