Question: Fact Pattern 2 7 - 2 Lisa writes a check on her account at Metro Bank to Niklas to pay a debt. Niklas negotiates the
Fact Pattern
Lisa writes a check on her account at Metro Bank to Niklas to pay a debt. Niklas negotiates the check by indorsement to O'Leary, who presents it for payment to Prime Bank.
Refer to Fact Pattern If Prime Bank dishonors the check, O'Leary can obtain payment from Niklas
only if Lisa refuses to pay the check.
under no circumstances.
only to the extent that Lisa overpaid her debt to Niklas.
if O'Leary timely notifies Niklas.
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