Question
Jenna writes a check payable to Sunny Hardware Store (SHS) for some supplies she ordered in the amount of $3,000. SHS is owned by her
Jenna writes a check payable to Sunny Hardware Store (SHS) for some supplies she ordered in the amount of $3,000. SHS is owned by her dear friend, Alnita. Jenna is short on time, she she decides to take the check to Alnita's storefront rather than mailing it. This check is in fact a negotiable instrument
Is Jenna the bearer?
Now, consider that Jenna actually handed her check to Alnita in person. Alnita acts as the Authorized Representative for SHS, and she puts this check into the safe with the intention to take it to her financial institution the next morning, and she leaves for the evening.
Is Alnita the bearer?
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