3. Melania K. is in possession of a check signed and issued by Donald T. that...

 

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3. Melania K. is in possession of a check signed and issued by Donald T. that says, "Pay to the order of Melania K. $5,000" and a note signed and issued by Donald T. that says, "I promise to pay to the order of Melania K. $5,000,000." What must Melania do to negotiate these instruments to her friend Tom and make Tom a holder? 3. Melania K. is in possession of a check signed and issued by Donald T. that says, "Pay to the order of Melania K. $5,000" and a note signed and issued by Donald T. that says, "I promise to pay to the order of Melania K. $5,000,000." What must Melania do to negotiate these instruments to her friend Tom and make Tom a holder?

Answer rating: 100% (QA)

1 Endorsement of the Check Melania should sign her name on the back of the check This act is known a... View the full answer