Margo is in possession of a check issued to her by Felix.The check states,"Pay to the order of Margo." If Margo wishes to transfer the check to Pete to pay a debt she owes him,all she needs to do is strike out her name on the front of the check,write in Felix's name,and give it to him.

Question

Quizplus · Accepted Answer

The correct way for Margo to transfer the check to Pete would be to endorse the back of the check with her signature and write "Pay to Pete" or "Pay to the order of Pete" on the back. Simply striking out her name on the front and writing in Felix's name would be considered check fraud.

Margo Is in Possession of a Check Issued to Her