Shade asked Dow to give him a check for $100 in return for Shades delivery the next
Question:
(a) By Shade;
(b) By Shade’s brother, to whom Shade gave the unindorsed check as a gift; and
(c) By a grocer to whom Shade’s brother gave the instrument for value in the ordinary course of business the next day? (The grocer took the check without knowledge of the defense and while acting in good faith.) Explain your answers.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Andersons Business Law and the Legal Environment
ISBN: 978-0324786668
21st Edition
Authors: David p. twomey, Marianne moody Jennings
Question Posted: