On January 30, Karen writes out a check for her groceries and dates it February 2, the day she gets paid.That same day, the grocer negotiates the check to the Tip Top Bakery delivery man for hot dog buns.If he notices the date, is he a "holder"?

Question

Quizplus · Accepted Answer

The Tip Top Bakery delivery man has possession of the check with necessary endorsements since the grocer negotiated it to him. Therefore, he is considered a holder, regardless of whether or not he noticed the date on the check.

On January 30, Karen Writes Out a Check for Her