An instrument that reads,"Pay to the order of Jones and Green," establishes ________ payees.
A)Alternative
B)Consecutive
C)Joint
D)Alternate
E)Concurrent

Question

Quizplus · Accepted Answer

A)If there are joint payees,the instrument reads,"Pay to the order of Smith and
Jones."
B)If there are joint payees,the instrument reads,"Pay to the order of Smith and Jones."
C)If there are joint payees,the instrument reads,"Pay to the order of Smith and Jones."
D)If there are joint payees,the instrument reads,"Pay to the order of Smith and Jones."
E)If there are joint payees,the instrument reads,"Pay to the order of Smith and Jones."

An Instrument That Reads,"Pay to the Order of Jones and Green