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answer. Be sure to cite your sources for the short answer questions by citing the page number. Good luck! D 1 24 a. Dailey Storm

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answer. Be sure to cite your sources for the short answer questions by citing the page number. Good luck! D 1 24 a. Dailey Storm writes a check "Pay to the order of cash". Is this an order instrument or bearer instrument. Explain. b. How does the negotiation of an order instrument differ from the negotiation of a bearer instrument? Explain. c. What type of indorsement is "Pay to Dailey Storm without recourse" Signed MJ Smith? d. What does "without recourse" mean? e. Dailey Storm writes a check "Pay to the order of Bob and Carol Jones for $200.00 Who needs to indorse this check in order to cash it? f. Dailey Storm writes a check "Pay to the order of Puget Power" on his personal checking account from Wells Fargo Bank. From this scenario, identify these parties: Who is the drawer, who is the drawee and who is the payee? 12pt 128 BI V A ev T v oo

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