Able prepared a cheque payable to Baker,and placed it in the pocket of his coat.Later in the day,while shopping,his coat was stolen.
-If the cheque had been made payable to "Humpty Dumpty" instead of Baker,any
finder of the cheque would be entitled to demand payment.

Question

Quizplus · Accepted Answer

This statement is false. Even if the cheque is made payable to "Humpty Dumpty", only the person named on the cheque or their authorized representative can demand payment. Any finder of the cheque would not have a legal right to demand payment.

Able Prepared a Cheque Payable to Baker,and Placed It in the Pocket