It is worse for the holder to lose order paper than to lose bearer paper.
Correct Answer:
Verified
Q21: When the indorser merely signs a negotiable
Q22: The warranty liability of a qualified indorser
Q23: Negotiation of order paper requires:
A) delivery only.
B)
Q27: If an instrument is drawn in favor
Q29: A blank indorsement turns a(n) _instrument into
Q30: If an instrument is payable to alternative
Q30: The warranties made by an unqualified indorser
Q31: A qualified indorsement is given by using
Q34: If a lost negotiable instrument is in
Q35: An indorsement "for deposit only" is:
A) restrictive.
B)
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