chapter 4 - Correct Answer: Sophie issued an order...

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
Sophie issues a promissory note made "payable to the order of Molly." Molly indorses the note by signing her name and gives it to Dana. Which of the following is correct?
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: Correct Answer: Sophie issued an order instrument, but Molly changed it to bearer form....
View Full Document

This note was uploaded on 06/17/2011 for the course ECON 140 taught by Professor Busness140 during the Spring '11 term at Alexandria Technical College.

Ask a homework question - tutors are online