Brainscape's Knowledge GenomeTM

Browse over 1 million classes created by top students, professors, publishers, and experts.


See full index

commercial paper > transfer of instrument > Flashcards

transfer of instrument Flashcards

1
Q

transfer

A

movement other than maker or drawer

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

shelter rule

A

rights follow the instrument

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

when transferee pays value and fails to provide indorsement

A

transferee has legal right to require indorsement

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

exception to shelter rule

A

fraud

How well did you know this?
1
Not at all
2
3
4
5
Perfectly

commercial paper (6 decks)

Brainscape helps you reach your goals faster, through stronger study habits.
© 2024 Bold Learning Solutions. Terms and Conditions