Essay
Sharp Finance Company has furnished Keith with some pre-printed forms for customers to sign to finance repairs on their homes.After the customers sign the notes naming Keith as the payee,he sells them to Sharp Finance.Sometimes Keith is busy and does a poor job on the homes so he can get on to the next job.When customers complain,he says he'll get around to fixing the problems.If the customers don't pay the note,Sharp Finance sues them.Can the customers use the defenses they have against Keith against Sharp?
Correct Answer:
Verified
Yes,they can use the defenses they have ...View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q1: Identify the type of indorsement each of
Q11: Any transfer for value of an instrument
Q26: Whether a transfer is by assignment or
Q34: A person can be a holder if:<br>A)the
Q37: Silas deposits his paycheck in First American
Q58: An indorsement "Pay to Jones Construction Company
Q64: One who is in possession of a
Q72: Real defenses include all but:<br>A) forgery of
Q81: Assuming a note made by Barbara payable
Q83: Ricardo is the holder of a check