A payee whose name is misspelled on an instrument cannot indorse the instrument.
Correct Answer:
Verified
Q10: A bearer instrument can be converted into
Q13: A person who takes a negotiable instrument
Q14: A demand instrument is overdue on the
Q15: A restrictive indorsement prohibits further negotiation of
Q16: An instrument is not defective because it
Q17: Any irregularity on the face of an
Q20: A holder cannot become an HDC unless
Q21: Tyrone transfers a note by signing it
Q22: Fact Pattern 25-1B
Belle obtains a check
Q23: Owen is a holder of a promissory
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