Multiple Choice
Which of the following is true of an indorsement to multiple persons using the virgule?
A) it can only be indorsed further with the signature of the drawer
B) neither person can individually negotiate the instrument
C) either person can individually negotiate the instrument
D) such an instrument cannot be subsequently negotiated
Correct Answer:

Verified
Correct Answer:
Verified
Q53: A holder can convert a blank indorsement
Q54: Which of the following makes negotiable instruments
Q55: Explain the transfer of nonnegotiable contracts by
Q56: Which of the following is true of
Q57: A person who takes a negotiable instrument
Q59: To qualify as an HDC, a person
Q60: Which of the following is a similarity
Q61: An instrument that is payable to a
Q62: The _ is a doctrine that says
Q63: A specially qualified indorsement can only be