A check has the following endorsements on the back: (1) Paul Frank without recourse (2) George Hopkins

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A check has the following endorsements on the back:

(1) Paul Frank “without recourse”

(2) George Hopkins “payment guaranteed”

(3) Ann Quarry “collection guaranteed”

(4) Rachell Ott Which of the following conditions occurring subsequent to the endorsements would discharge all of the endorsers?

a. Lack of notice of dishonor

b. Late presentment

c. Insolvency of the maker

d. Certification of the check AppendixLO1

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Anderson's Business Law And The Legal Environment

ISBN: 9780324638189

20th Edition

Authors: David P Twomey, Marianne M Jennings, Ivan Fox

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Question Posted: Jul 04, 2024 11:01 AM

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A check has the following endorsements on the back: (1) Paul Frank without recourse (2) George Hopkins

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Anderson's Business Law And The Legal Environment

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