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QUESTION 8 True or False: An endorsement is special if it names the next holder, e.g., pay to Ellen, (signed) Gary. O True O False
QUESTION 8 True or False: An endorsement is "special" if it names the next holder, e.g., "pay to Ellen, (signed) Gary." O True O False QUESTION 9 Tim issues a written instrument, dated May 25, 2020 that says: I promise to pay to the order of Ed $1,500 on August 4, 2020," and he (Tim) signs it. True or False: If Tim just signs it "Tim" and not "Tim Nelson," (his full name), the instrument is not negotiable. True False QUESTION 10 True or False: Once an instrument is "order paper" it can never become "bearer paper." True False QUESTION 11 True or False: The following item, by itself, would violate a negotiability test: The instrument is payable "upon the death of Harry Dander." True False
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