Multiple Choice
To borrow money to finance the start-up of his business, Rollo executes an instrument in favor of Security Bank. For the instru?ment to be negotiable, the signature must be
A) anywhere on the instrument.
B) anywhere on the lower half of the instrument only.
C) in the lower left-hand corner of the instrument only.
D) in the lower right-hand corner of the instrument only.
Correct Answer:

Verified
Correct Answer:
Verified
Q8: Northwest Energy Corporation signs an instrument that
Q10: Evermore Bank is both the drawer and
Q11: InterComp normally sells $50,000 worth of software
Q13: An extension clause allows a payee or
Q15: To be negotiable,an instrument must be in
Q15: Fact Pattern 25-1B (Questions B5-B6 apply)<br>Thalia signs
Q16: To be negotiable, an instrument must be
Q17: Merry draws a check payable to "Cash"
Q27: With respect to negotiability, the location of
Q38: With respect to negotiability, a mere reference