
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 10
Kagel, who owed money to Ryan, offered Ryan a check signed by Shepherd as the drawer and payable to "Bearer." Ryan asked Kagel to add his signature as indorser, claiming that otherwise ownership of the instrument would not pass to her. Was Ryan correct?
Explanation
Promissory Note:
A promissory note is a...
Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond
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