A negotiation may be valid to transfer the instrument even under which of the following condition(s) ?
A) The negotiation is made by an infant.
B) The negotiation is made by a person without capacity.
C) The negotiation is part of an illegal transaction.
D) All of these.
E) None of these.
Correct Answer:
Verified
Q19: The courts will never presume a negotiation
Q20: An indorsement "for deposit" is a collection
Q21: Jill issues a negotiable promissory note to
Q22: Tina forges Vivian's indorsement on a promissory
Q23: Jerry takes a $400 check to Primary
Q25: Ella induces Tammy, by fraud in the
Q26: The FTC upholds the preferential position enjoyed
Q27: An indorsement in trust creates a trust
Q28: A negotiation is void if the transaction
Q29: Revised Article 3 provides that the impostor
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents