This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In the case of a check, when the impostor rule applies: A) the drawer of the check can successfully ... (Read 169 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Jun 24, 2018
In the case of a check, when the impostor rule applies:
 A) the drawer of the check can successfully raise the defense of the forged indorsement.
 B)the forged indorsement is effective to negotiate the instrument.
 C)the forged indorsement is ineffective to negotiate the instrument.
 D)the instrument becomes nonnegotiable.

Question 2

If a conflict exists between the escrow instructions and the sales contract:
 A)The escrow is invalid.
 B)The sales contract will control.
 C)The escrow instructions will control.
 D)None of the above


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

sultansheikh

  • Sr. Member
  • ****
  • Posts: 335
Reply #1 on: Jun 24, 2018
Answer to Question 1

B

Answer to Question 2

B


nautica902

  • Member
  • Posts: 591
Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Example of a voucher check. Example of a voucher check.
Sterility check strips. Sterility check strips.
Rule of Nine for burns. Rule of Nine for burns.
Direction: Right-Hand Rule Direction: Right-Hand Rule
A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ... A typical output driver. In this case, the PCM applies voltage to the fuel pump relay coil to ...
Finding the derivative using the power rule - Solutions Finding the derivative using the power rule - Solutions
Video: ACTH/Cortisol (glycogenolysis, protein catabolism, lipolysis and gluconeogenesis)

For a complete list of videos, visit our video library