Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mantra Oil, Inc. indorses a check Pay Habib Coal Corporation only if it delivers 1,000 tons of coal by September 30, 2019. Under Revised Article

Mantra Oil, Inc. indorses a check "Pay Habib Coal Corporation only if it delivers 1,000 tons of coal by September 30, 2019." Under Revised Article 3 of the Uniform Commercial Code (UCC), this is a _____ indorsement.

Multiple Choice

conditional

blank

restrictive

qualified

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law and the Regulation of Business

Authors: Richard A. Mann, Barry S. Roberts

10th edition

0324786603, 978-0324786606

More Books

Students also viewed these Law questions