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Would the School Be Able to Require That Susan Cover

Question 52

Multiple Choice

Would the school be able to require that Susan cover the amount of the check based on the law of negotiable instruments?


A) Yes, because she signed on the back with a blank unqualified endorsement.
B) Yes, because she signed on the back with a special qualified endorsement.
C) Yes, because she signed on the back regardless of the type of endorsement.
D) No, because she signed on the back using the words, "without recourse."
E) No, because the check was not properly delivered to Shifty.

Correct Answer:

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