1. Jimmy signs a check payable to Sally for $100. Sally takes this check, and decides to...
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1. Jimmy signs a check payable to Sally for $100. Sally takes this check, and decides to sign her name on the check and give it to her friend Henry to whom she owes for some yardwork. Henry takes the check and goes to his bank. He hands it to the teller at the counter for deposit. The teller goes into her drawer to retrieve her stamp kit, proceeding to stamp "Payment promised after Noon on 4/10/2022. "Name of bank""
WHO IN THIS SITUATION COULD BE CONSIDERED AN INDORSER? Check all that apply:
- Jimmy
- Sally
- Henry
- Henry's Bank
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