Which of the following best describes an allonge?
A) It is the right side of a check when looking at it from the front.
B) It is an indorsement consisting of signature of indorser.
C) It is the left side of a check when looking at it from the front.
D) It is a paper attached to an instrument.
Correct Answer:
Verified
Q4: The trailing edge is the right side
Q6: Which of the following best describes a
Q9: A person who negotiates a bearer instrument
Q10: A qualified indorser warrants that the signatures
Q12: Which of the following is true of
Q14: A(n)is a signature on the back of
Q15: is a unilateral act of a holder
Q17: When a negotiable instrument is lost, this
Q17: Parties can be discharged from an obligation,
Q19: Explain liabilities for payment of instrument
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