Jennifer, who stole a check "payable to cash," cannot be a holder since she did not receive possession by voluntary transfer.
Correct Answer:
Verified
Q3: If a person paying an instrument subject
Q4: Marie is the bookkeeper for the Buildco
Q5: Whether a transfer is by assignment or
Q6: The transfer of a nonnegotiable promise or
Q7: Every indorsement is either blank or special.
Q9: A forged or otherwise unauthorized signature necessary
Q10: If the issuer and the person paying
Q11: Maxine indorsed her paycheck by signing her
Q12: An indorsement may be simple or complex.
Q13: A qualified indorsement destroys negotiability.
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