Nation-Wide Check Corporation sold money orders to drugstores. The money orders contained the words "Payable to," followed by a blank. Can the money order qualify as a negotiable instrument?
Answer to relevant QuestionsDarryl Young presented five photocopied checks to the Lynnwood Check-X-Change on five different days between June 13 and June 21. Lynwood cashed the first four checks presented. The fifth check, which was presented on a ...Charles Alcombrack was appointed guardian for his son, Chad Alcombrack, who was seven years old and the beneficiary of his grandfather's life insurance policy. The insurance company issued a check for $30,588.39 made payable ...A check was drawn on First National Bank and made payable to Howard. It came into the possession of Carson, who forged Howard’s indorsement and cashed it at Merchant’s Bank. Merchant’s Bank then indorsed it and ...John Doe had a checking account at Highland National Bank in New York. Two days after John Doe died in Florida, but before Highland National knew of his death, John's sister appeared at the bank. She had a check signed by ...When Nitrogen Media was acquired by General Electric's NBC Universal unit, Nitrogen's Vice President of Finance, Babs Grogan, was terminated as a Nitrogen employee, but hired by NBCU as an outside consultant. The term of ...
Post your question