Author Question: A check has the following endorsements on the back: i. Paul Frank without recourse ii. George ... (Read 84 times)

luvbio · **on:** Jun 24, 2018

A check has the following endorsements on the back: i. Paul Frank without recourse ii. George Hopkins payment guaranteed iii. Ann Quarry collection guaranteed iv. Rachell Ott Which of the following conditions occurring subsequent to the endorsements would discharge all of the endorsers?
a. Lack of notice of dishonor.
b. Late presentment.
c. Insolvency of the maker.
d. Certification of the check.

Question 2

Point sources of water pollution include industrial pipes, ditches, and agricultural and urban runoff.
a. True
b. False
Indicate whether the statement is true or false