Simply signing your name as your indorsement of a negotiable instrument:
A) changes an order instrument into a bearer instrument.
B) changes a bearer instrument into an order instrument.
C) changes a draft into a note.
D) makes the instrument non-negotiable except by a bank.
E) removes all warranties and promises as an indorser.
Correct Answer:
Verified
Q116: Which of the following is true about
Q117: Where must the signature appear on a
Q118: All negotiable instruments can be classified into
Q119: Regarding a certificate of deposit:
A) the financial
Q120: Which of the following is not a
Q122: Which type of indorsement prevents the indorser
Q123: A(n)_ clause permits the maker to pay
Q124: For _ to be negotiated,there must be
Q125: Under Article 3 of the UCC,what is
Q126: Which of the following is order paper?
A)
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