Fact Pattern 26-1A (Questions A7-A8 apply)
Seymour writes a check on his account at Platinum Bank to Teri to pay a debt.Teri negotiates the check by indorsement to Rosanna,who presents it for payment to Onyx Bank.
-Refer to Fact Pattern 26-1A.If Onyx Bank dishonors the check,Rosanna can obtain payment from Teri
A) if Rosanna timely notifies Teri.
B) only if Seymour refuses to pay the check.
C) under any circumstances.
D) under no circumstances.
Correct Answer:
Verified
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