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    Business Law Study Set 7
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    Exam 23: Holder in Due Course and Transferability
  5. Question
    Which of the Following Is True of an Allonge
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Which of the Following Is True of an Allonge

Question 3

Question 3

Multiple Choice

Which of the following is true of an allonge?


A) It must contain the name of the payee to be valid.
B) It must be accepted by the payee to be valid.
C) It must be affixed to the indorsement.
D) It must be provided only on demand.

Correct Answer:

verifed

Verified

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