Multiple Choice
If Daphne gave value for and cashes Lisa's check,what legal rights,if any,does Daphne have?
A) Daphne may insist upon an unqualified indorsement.
B) Daphne may not insist upon any particular type of indorsement.
C) Daphne may insist upon both an unqualified indorsement and a restrictive indorsement.
D) Daphne may insist upon an unqualified,restrictive and special indorsement.
Correct Answer:
Verified
Correct Answer:
Verified
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