Fact Pattern 25-1B
Belle obtains a check payable to her order from Charmayne.Belle signs the back and adds the notation "without recourse."
-Refer to Fact Pattern 25-1B.After Belle signs the back and adds the notation "without recourse," she adds "Pay to Desiree." This constitutes
A) a blank qualified indorsement.
B) a special qualified indorsement.
C) a restrictive indorsement.
D) none of the choices.
Correct Answer:
Verified
Q10: A bearer instrument can be converted into
Q17: Any irregularity on the face of an
Q18: A payee whose name is misspelled on
Q20: A holder cannot become an HDC unless
Q21: Tyrone transfers a note by signing it
Q23: Owen is a holder of a promissory
Q24: Fact Pattern 25-1B
Belle obtains a check
Q25: Rayette transfers a draft by signing it
Q26: Todd indorses a check,"Pay to Interstate Trucking
Q27: Finest Office Company employs General Construction,Inc.(GCI),to reno?vate
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents