Bertram writes a check for $200 payable to cash. He puts the check in his pocket and
Question:
(a) Is the check a bearer instrument or an order instrument?
(b) Did Jerrod’s delivery of the check to Amber constitute a valid negotiation? Why or why not?
(c) What type of indorsement did Amber make?
(d) Does Bertram have a right to recover the $200 from Amber? Explain.
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Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
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