Multiple Choice
Lucy is the maker of a $1,000 promissory note in favor of Milo.Milo indorses the note to Nim who,in turn,indorses it to Opie,the present holder.If the note is dishonored,the party entitled to re?cover pay?ment from Nim is
A) Lucy.
B) Milo.
C) Opie.
D) no one.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q29: Paco signs an instrument payable in installments
Q31: On January 1,Klancy issues a note payable
Q32: Joey,in good faith and for value,gets from
Q33: Twyla buys a used car for $10,000
Q35: An instrument including a clause that permits
Q36: Mortgage notes tied to a variable rate
Q37: Fraud in the execution occurs whenever someone
Q38: The location of a signature on an
Q39: Julie's Juice Bar receives daily shipments of
Q58: On the back of an envelope, Phoebe