Nina wants to transfer a check to Opie. The check is not defective if it
A) has an obvious irregularity on its face.
B) has been previously honored.
C) is incomplete so that an element of negotiability is lacking.
D) is overdue.

Question

Quizplus · Accepted Answer

A check that has been previously honored is not considered defective and can be transferred to Opie. Options A, C, and D all indicate issues with the check, making it defective and ineligible for transfer.

Nina Wants to Transfer a Check to Opie