Opal had a check for $294 made out to her. She indorsed it with her name and gave it to Daryl who, in return, agreed to paint her living room the next Saturday. In this case:
A) the check is not negotiable.
B) Daryl is not a holder.
C) Daryl is not a holder in due course.
D) Daryl has given value for the check.

Question

Quizplus · Accepted Answer

The Answer of Opal had a check for $294 made out to her. She indorsed it with her name and gave it to Daryl who, in return, agreed to paint her living room the next Saturday. In this case:
A) the check is not negotiable.
B) Daryl is not a holder.
C) Daryl is not a holder in due course.
D) Daryl has given value for the check.

Opal Had a Check for $294 Made Out to Her