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Author Question: Which of the following is legally permissible in the case of a theft of a negotiable instrument? A) ... (Read 148 times)

tichca

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on: Jun 24, 2018
Which of the following is legally permissible in the case of a theft of a negotiable instrument?
 A) A thief can require payment of a stolen paper.
 B) A holder can declare the instrument to be void.
 C) A thief can pass on the title to the person the paper was made out to.
 D)An ordinary holder can require payment of the instrument.

Question 2

A sale of goods is defined under UCC Article 2 as transfer of title to intangible property for a price.
  Indicate whether the statement is true or false


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tranoy

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

C

Answer to Question 2

FALSE


tichca

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Reply 2 on: Jun 24, 2018
Thanks for the timely response, appreciate it

fatboyy09

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Reply 3 on: Yesterday
Excellent

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