Question

If a check is made payable to Helen Keller, and she signs "Helen Keller" on the back of the check, Helen is: a. The payee and the indorser b. The drawee and the indorser c. The payee and the drawer d. Only the indorser. 12. To be negotiable, an instrument must a. Be in writing. b. Be signed by the maker or drawer c. Contain a promise or order to pay d. All of the above. 13 Arthur realizes that the instrument he has is nonnegotiable. Which of the following sections of the instrument made him realize this?: a. The instrument was signed by Mary Baker, the maker b. It states that Arthur owes Mary $2,450.96 plus interest at a rate of 4.2% annually. c. It states that the instrument is "payable on demand." d. It states that Arthur owes Mary $2, 450.96 upon the receipt of the final distribution from the estate of Max Cullwell. 14. Javier issued a check to Kelly in return for Kelly's promise to prepare his income tax return. Kelly never did the promised work, but in a separate transaction offered to buy a Wii Game System from George by indorsing the check which Javier gave her over to George. George had had no prior dealings with Javier of Kelly, but accepted the check in payment. In this instance, George: a. Cannot be a holder in due course. b. Is considered an assignee of Kelly's rights. c. Is not a holder. d. Is a holder in due course. 15. This term means that the holder must have acted honestly in the process of acquiring the instrument a. Trust Indorsements b. Misspelled name. c. Indorsement.

Answer 1

answer-

11-b drawee and the indorser

12- d- all of the above

13- a- instrument was signed by maker

15- even though the actual option should be Taking for Good Faith

but if there is not this option then it should be option a trust indorsements

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