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Author Question: Industries Inc, drew a check payable to Gloria Schell and Pippen Tallit in the sum of 20,000. For a ... (Read 142 times)

xclash

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on: Jun 24, 2018
Industries Inc, drew a check payable to Gloria Schell and Pippen Tallit in the sum of 20,000. For a proper negotiation, the check:
 A) needs to be indorsed only by Gloria Schell, since her name appears first.
 B) needs to be indorsed by either payee, since the indorsement of only one of the payees is necessary to negotiate the check.
 C) needs to be indorsed by both payees.
 D) needs to be indorsed by the maker.

Question 2

Which of the following is not furnished by the seller?
 A)Keys
 B)Tenant list and leases
 C)Loan commitment
 D)Pest inspection report
 E)All of the above are furnished by the seller


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Fayaz00962

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Reply #1 on: Jun 24, 2018
Answer to Question 1

C

Answer to Question 2

C


xclash

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Reply 2 on: Jun 24, 2018
Excellent

atrochim

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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