Bill issues a check for $4,000, dated June 1, to Enzo. The check is drawn on Liberty
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Bill issues a check for $4,000, dated June 1, to Enzo. The check is drawn on Liberty Home Bank. Enzo indorses the check and transfers it to Jane. Which of the following will trigger the liability of Bill and Enzo on the check, based on their signatures?
a. Presentment only.
b. Dishonor only.
c. Both presentment and dishonor.
d. Neither presentment nor dishonor.
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Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
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