Anton drew a check for $750 payable to bearer. Anton gave the check to Brewster. Brewster negotiated
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Anton drew a check for $750 payable to bearer. Anton gave the check to Brewster. Brewster negotiated it by delivery to Charlois. Charlois negotiated it by delivery to Deltoid. Deltoid tried to collect but found that Anton’s bank account lacked the necessary funds for payment. May Deltoid collect from either or both of the prior holders, and if so, under what circumstances?
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Answer Deltoid could collect from either of the prior holders but if the holder received ...View the full answer
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