
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
Edition 9ISBN: 978-1133586562 Exercise 9
Berra made out and signed a promissory note payable to the order of Streb. Streb placed a blank indorsement on the note and gave it to Harder. Harder in turn transferred the note by delivery alone (no indorsement) to Bell. Does Bell become a holder?
Explanation
Promissory Note:
A promissory note is a...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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