Question
An instrument that is payable to cash can be negotiated simply by giving it to the person to whom you wish to transfer it. True
An instrument that is payable "to cash" can be negotiated simply by giving it to the person to whom you wish to transfer it. True
False
In qualified indorsement, the indorser accepts the liability to make the instrument good, if the maker or drawer defaults on it.
True
False
Value is identical to simple consideration.
True
False
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Introduction to Law
Authors: Beth Walston Dunham
6th edition
978-1111642501, 1111642508, 1111311897, 978-1133707981, 113370798X, 978-1111311896
