Adams checks are imprinted with the words Pay to the order of followed by a blank. Adam

Question:

Adam’s checks are imprinted with the words “Pay to the order of” followed by a blank. Adam fills in an amount on one of the checks and signs it, but he does not write anything in the blank following the “Pay to the order of” language. Adam gives this check to Beth. On another check, Adam writes in the blank “Carl or bearer.” Which, if either, of these checks is a bearer instrument, and why?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Law Text and Cases

ISBN: 978-0324655223

11th Edition

Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F

Question Posted: