Powell, intending to write a check to Thompson Electric, Inc., instead made it payable to the order

Question:

Powell, intending to write a check to Thompson Electric, Inc., instead made it payable to the order of “Tompson Electric.” Thompson Electric, Inc., indorsed the check with its name correctly spelled. Was the indorsement valid? Why or why not? State v. Powell, 551 P.2d 902 (KS).

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Business Law With UCC Applications

ISBN: 9780073524955

13th Edition

Authors: Gordon Brown, Paul Sukys

Question Posted: