Benton, as agent for Savidge, received an insurance settlement check from Metropolitan Life Insurance Co. He indorsed
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Benton, as agent for Savidge, received an insurance settlement check from Metropolitan Life Insurance Co. He indorsed it “For deposit” and deposited it in Bryn Mawr Trust Co. in Savidge’s account. What were the nature and effect of this indorsement? [Savidge v Metropolitan Life Ins. Co., 110 A2d 730 (Pa)]
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The indorsement for deposit was restrictive ...View the full answer
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Gabriela Rosalía Castro
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Related Book For
Andersons Business Law and the Legal Environment
ISBN: 978-0324786668
21st Edition
Authors: David p. twomey, Marianne moody Jennings
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