Evon, a resident of France, draws a check on Georges Banque payable to Hugo. Compared to the United States, in France this check is effectively

Question

Quizplus · Accepted Answer

In France, checks are non-negotiable and can only be deposited in the bank account of the named payee. It cannot be indorsed or cashed by any third party. Therefore, the check drawn by Evon on Georges Banque payable to Hugo is non-negotiable.

Evon, a Resident of France, Draws a Check on Georges