Multiple Choice
If Jamie indorses an instrument in blank and gives it to Clare Hill:
A) Clare must indorse it before it can be negotiated further.
B) Clare may negotiate it without indorsing it.
C) Clare cannot convert the blank indorsement to a special one.
D) Clare is not liable even if she indorses it as it was given to her by Jamie.
Correct Answer:
Verified
Correct Answer:
Verified
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