Was the check properly delivered to Shifty?
A) Yes, because it was bearer paper, delivery occurred whenever possession was taken.
B) Yes, because it was order paper, delivery occurred whenever possession was taken.
C) Yes, but only because it was thereafter presented to the bank and cashed.
D) Yes, because both Shifty and the bank are considered holders in due course.
E) No, because he was not entitled to receive it.

Question

Quizplus · Accepted Answer

Delivery simply means the physical handing of an instrument from someone entitled to it to the person intended to receive it. A bearer instrument that wafts out a window and lands in someone's hand has not been properly delivered.

Was the Check Properly Delivered to Shifty