Fact Pattern 16-1
Nina obtains a check payable to her order from Oran. Nina signs the back and gives the check to Patricia. Patricia writes "Pay to Patricia" above Nina's signature.
-Refer to Fact Pattern 16-1.By writing "Pay to Patricia" above Nina's signature, Patricia
A) avoids the risk of loss from theft of the instrument.
B) relieves himself from liability on the instrument.
C) converts a legitimate negotiable instrument into a stolen instrument.
D) locks the instrument into the bank collection process.
Correct Answer:
Verified
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