In the case in the text Town of Freeport v.Ring,why did the court conclude that Ring did not indorse the check?
A)He failed to sign use his last name when he signed the back of the check.
B)He signed "The Town of Freeport" on the back of the check.
C)His signature only appeared on a separate,unattached piece of paper.
D)His signature on the back of the check was illegible.

Question

Quizplus · Accepted Answer

The check Ring sent to the Town was issued by Advest,Inc. ,payable to the order of Thornton D.Ring.Because it was payable to Ring's order,the check could only be negotiated by Ring through indorsement and transfer of possession.Ring's signature,however,does not appear on the back of the check.The words that do appear on the back of the check-"Payable to Town of Freeport[/]Property Taxes[/]2 Main St[.]"-do not identify Ring.The words only indicate to whom the instrument should have been payable had the check been properly indorsed.Further,he statement included within the letter accompanying the check does not serve as a valid indorsement either because a signature on a separate,unattached piece of paper is not an indorsement of the instrument.

In the Case in the Text Town of Freeport V