Multiple Choice
Fact Pattern 25-A1 (Questions A5-A8 apply)
Rollo obtains a check payable to his order from Simone.Rollo signs the back and gives the check to Trey.Trey writes "Pay to Trey" above Rollo's signature.
-Refer to Fact Pattern 25-A1.By writing "Pay to Trey" above Rollo's signature,Trey
A) avoids the risk of loss from theft of the instrument.
B) relieves himself from liability on the instrument.
C) converts the check into a nonnegotiable instrument.
D) locks the instrument into the bank collection process.
Correct Answer:

Verified
Correct Answer:
Verified
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Q9: A person who receives an instrument as
Q11: A person who acquires a check stamped
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