True/False
Under the new Article 3, a depositary bank cannot become a holder of a check that is deposited by a customer without an indorsement.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q5: Which of the following is a "real"
Q5: Anyone other than a bank, who purchases
Q9: An instrument that is payable "to the
Q10: A _ indorsement can be used with
Q24: _ is defined to mean "a signature
Q31: A _ indorsement is one where the
Q50: If a check is drawn "Pay to
Q70: The new Article 3 recognizes and enforces
Q71: What is the shelter rule in Article
Q80: On June 1,Mike writes a check payable