True/False
The effect of a conditional indorsement on the back of an instrument is the same as the effect of conditional language that appears on its face.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q11: A person who acquires a check stamped
Q12: If a person purchasing an instrument does
Q13: Dora receives a check from Eagle Corporation.Dora
Q14: Ollie negotiates an order instrument to Phil
Q15: Knowledge of one defense precludes a holder
Q17: An executory promise does not constitute sufficient
Q18: Florencia,who is not a GigaBank customer,attempts to
Q19: Petra signs a check payable to Quincy,who
Q20: Tiffany transfers a draft by signing it
Q21: Mike receives a payroll check from National