Benton, as agent for Savidge, received an insurance settlement check from Metropolitan Life Insurance Co. He indorsed

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Benton, as agent for Savidge, received an insurance settlement check from

Metropolitan Life Insurance Co. He indorsed it “For deposit” and deposited

it in Bryn Mawr Trust Co. in Savidge’s account. What were the nature and

effect of this indorsement? [Savidge v Metropolitan Life Ins. Co., 110 A2d

730 (Pa)]

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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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