Multiple Choice
Hamid has a check indorsed "Pay to the order of Hamid Ali." Hamid gives the check to Yasmin without indorsing it. Which of the following statements is true of this case?
A) Yasmin is not a holder of the check because she failed to indorse the check.
B) Yasmin is not a holder of the check because Hamid failed to indorse the check.
C) Yasmin is a holder of the check because only delivery was necessary to negotiate the check.
D) Yasmin is a holder of the check because she may supply the missing indorsement herself.
Correct Answer:

Verified
Correct Answer:
Verified
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