A holder in due course can enforce paper according to filled-in terms even when the terms were not authorized
Indicate whether the statement is true or false
True
You might also like to view...
A prediction that increases the likelihood that an anticipated outcome will occur is known as a(n) ______.
A. reflected appraisal theory B. social appraisal theory C. anticipated outcomes D. self-fulfilling prophecy
Liquidity is the ability to earn a satisfactory net income
Indicate whether the statement is true or false
Americans with a Better Cause (ABC), a nonprofit organization, files a suit against the U.S. Department of Justice (DOJ), claiming that a certain federal statute the DOJ is empowered to enforce conflicts with the U.S. Constitution and with a state constitution. In each situation, which source of law has priority?
Fact Pattern 25-1ARollo obtains a check payable to his order from Simone. Rollo signs the back and gives the check to Trey. Trey writes "Pay to Trey" above Rollo's signature.Refer to Fact Pattern 25-1A. When Trey writes "Pay to Trey" above Rollo's signature, Rollo's signature becomes
A. a blank indorsement. B. a qualified indorsement. C. a special indorsement. D. a restrictive indorsement.