Multiple Choice
Edgar possesses a check that is "payable to cash." Fawn steals the check and delivers it to Godfrey, an innocent third person. All rights to the check are
A) Edgar's.
B) Fawn's.
C) Godfrey's.
D) lost.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q4: An instrument payable to two or more
Q6: Secure Loan Company has notice that a
Q10: Often, whether a holder will be able
Q33: Flossie signs a check payable to Glenn
Q34: An instrument is dishonored when the party
Q35: Muni Investment Company signs a check payable
Q36: There are no limitations on the shelter
Q38: Fact Pattern 26-1B (Questions B8-B10 apply)<br>Destiny obtains
Q41: Dane transfers a draft by signing it
Q49: A restrictive indorsement does not destroy negotiability.