Multiple Choice
Fact Pattern 25-1B
Belle obtains a check payable to her order from Charmayne.Belle signs the back and adds the notation "without recourse."
-Refer to Fact Pattern 25-1B.Belle's signature and the notation "without recourse" constitute
A) a blank indorsement.
B) a qualified indorsement.
C) a special indorsement.
D) a restrictive indorsement.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: Lexy obtains a check payable to her
Q3: Reel CGI Animé Company issues a promissory
Q4: A bearer instrument is negotiated by delivery
Q5: A payee whose name is misspelled on
Q6: If an instrument is acquired as part
Q7: Fact Pattern 25-1B <br>Belle obtains a check
Q8: Any irregularity on the face of an
Q9: A purchaser cannot become an HDC of
Q10: Todd indorses a check,"Pay to Interstate Trucking
Q11: Demi possesses a check that is "payable