The party who becomes the first indorser of a note is generally the
A) payee.
B) maker.
C) drawer.
D) drawee.
Correct Answer:
Verified
Q27: A blank indorsement
A) consists only of the
Q28: An indorsement
A) usually appears on the back
Q29: A(n) _ instrument is negotiated by indorsement
Q30: A blank indorsement can be converted into
Q31: Tandom endorsed a check "Jane Tandom." This
Q33: The circulation of a negotiable instrument begins
Q34: Receiving an instrument by negotiation
A) is the
Q35: The most common method of discharging a
Q36: Gambito wants to deposit his entire paycheck
Q37: "Pay to the order of Renee DiMarco
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