True/False
If a drawee bank mistakenly paid a check over a stop-payment order, the bank cannot recover if it paid the check to a presenter who had taken the instrument in good faith and for value.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: Under Revised Article 3 of the Uniform
Q16: The maker of a promissory note is
Q17: Under Revised Article 3 of the Uniform
Q18: Which of the following statements is true
Q19: Maya stole a check from Orhan payable
Q21: The Uniform Commercial Code (UCC) allows any
Q22: What are the most common ways an
Q23: Transfer warranties may not be utilized after
Q24: Which of the following statements is true
Q25: When a person signs a negotiable instrument,