Multiple Choice
The City mails Joe Marsh a refund check for overpayment of a parking ticket.Harold Finch steals the check from Marsh's mailbox,signs "Joe Marsh" on the back of the check,and cashes it at a grocery store.Is the grocery store a holder of the check?
A) Yes,because Finch indorsed the check.
B) Yes,because it is a holder in due course.
C) No,because Finch was not a holder and the check was not signed by Marsh.
D) No,because the check contained no indorsements.
Correct Answer:

Verified
Correct Answer:
Verified
Q46: Negotiation,as defined by the UCC in section
Q47: A person who takes an instrument containing
Q48: An indorsement is a signature of the
Q49: _ are legal reasons for avoiding or
Q50: If a check is drawn "Pay to
Q52: A bank or person who _ an
Q53: If the holder's name on an instrument
Q54: A qualified indorsement is one where the
Q55: In the case in the text Town
Q56: If a person who takes a negotiable